102-112 Maple St

7,700 Sq. Ft.
$119 / Sq. Ft.
7,700
Sq. Ft.
$119
per Sq. Ft.

Description

This is your opportunity to add this solid residential income property to your rental portfolio. The time has never been better to invest in Southside Virginia. FASTC in Blackstone, and CMH and Microsoft in South Hill are bringing people to the area and there is certainly a shortage of QUALITY rental units. This property is well-poised to be at the forefront of residential rentals in Lunenburg, Nottoway and Mecklenburg into the foreseeable future! This property consists of four walk-up units that...This is your opportunity to add this solid residential income property to your rental portfolio. The time has never been better to invest in Southside Virginia. FASTC in Blackstone, and CMH and Microsoft in South Hill are bringing people to the area and there is certainly a shortage of QUALITY rental units. This property is well-poised to be at the forefront of residential rentals in Lunenburg, Nottoway and Mecklenburg into the foreseeable future! This property consists of four walk-up units that were completed in 2016, and three flats that were completed in 2022. The units are approximately 1,100 square feet with two bedrooms and two bathrooms. The older structure has attached garages and both offer off-street parking. The site is just over a half an acre with trash pickup, public water and sewer from the Town of Kenbridge and electricity of Dominion. The property is professionally managed by local management firm. the property generates $7,575 per month. New construction of good quality and tenant-paid utilities provide for solid investment numbers. This property will be sold at auction. Listing price is opening bid. No pre-auction offers accepted.
  1. Listed by Andy Austin • Brokerage DRE #226026260 • United Real Estate Richmond
    P: (434)-294-6093 C: (434)-294-6093 andy@doublea.auction

Property Details for 102-112 Maple Street

Architectural Style
Ranch, Two Story, Low Rise
Subdivision Name
Kenbridge
Waterfront
No
LISTING UPDATED: 03/05/2024 11:19 AM

Property Details for 102-112 Maple Street

StatusClosed
MLS #2307724
Days on Market10
Taxes$1 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2022
Lot Size-
CountyLunenburg County

Location

Listing Courtesy of United Real Estate Richmond, Andy Austin

Sold By United Real Estate Richmond, Andy Austin

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Building Information for 102-112 Maple Street

Stories1Residences1Year Built2022Building Size-Lot Size-

Payment Calculator

$4,477 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,477

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 102-112 Maple Street

Summary
Location and General Information
  • City: Kenbridge
  • County Or Parish: Lunenburg
  • Latitude: 36.958351
  • Longitude: -78.114891
  • Postal City: Kenbridge
  • Postal Code: 23944
  • State Or Province: VA
  • Unparsed Address: 102-112 Maple Lane
Taxes and HOA Information
  • Parcel Number: 13417
  • Tax Annual Amount: $1.00
  • Tax Assessed Value: $693,200.00
  • Tax Legal Description: In metes and bounds
  • Tax Year: 2023
School Information
  • Elementary School: Kenbridge
  • High School: Central
  • Middle Or Junior School: Lunenburg
Parking
  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Attached, Garage
  • Garage Parking Features: Attached, Garage
Property
Lot Information
  • Living Area: 7,700.00
  • Lot Size Units: Acres
  • Stories: 1
  • Stories Total: 1
Property and Assessments
  • Number Of Units Total: 1
  • Type of Property: Residential Income
  • Property Sub Type: Multi Family, Low Rise
  • Property Type: Residential Income
  • Year Built: 2022
  • Year Built Details: Actual
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Basement: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Levels: One
Multi Family
Unit 1
  • Unit Type Description 1: Dishwasher,Dryer Hookup,Electric Meter,Electric Stove,Refrigerator,Separate Cooling Source,Washer Hookup,Water Heater,Water Meter,2 Zoned AC
  • Unit Type Actual Rent 1: $1,050.00
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 2
  • Unit Type Num Full Baths 1: 2
  • Unit Type Num Half Baths 1: 0
  • Unit Type Area 1: 1100.0
  • Unit Type Actual Rent Range 1: 1050
Income and Expenses
  • Gross Income: $90,900.00
Rental
Rental Information
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 102-112 Maple Street

DateEvent & SourcePriceAppreciation
Nov 3, 2023

Sold

CVRMLS #2307724

$918,500
Apr 13, 2023

Price Change

CVRMLS #2307724

$1,122,000
Apr 13, 2023

Pending

CVRMLS #2307724

Apr 4, 2023

Listed (Active)

CVRMLS #2307724

$600,000
DateEvent & SourcePrice
11/03/2023

Sold

CVRMLS #2307724

$918,500
04/13/2023

Price Change

CVRMLS #2307724

$1,122,000
04/13/2023

Pending

CVRMLS #2307724

04/04/2023

Listed (Active)

CVRMLS #2307724

$600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 102-112 Maple Street

This home is within Lunenburg County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Kenbridge Elementary School
PublicPK to 5

Lunenburg Middle School
Public6 to 8

Central High School
Public9 to 12

Victoria Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of United Real Estate Richmond, Andy Austin

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.