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Key Details
Sold Price $74,900
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 948 sqft
Price per Sqft $79
MLS Listing ID 2207322
Sold Date 09/16/22
Style Bungalow,Cottage,Manufactured Home
Bedrooms 2
Full Baths 1
Construction Status Actual
HOA Y/N No
Year Built 1973
Annual Tax Amount $492
Tax Year 2021
Lot Size 0.654 Acres
Acres 0.654
Property Description
Opportunity for affordable living or great rental. Started life as a pre Hud trailer with free standing roof and front addition to include living room, screened porch and covered front porch. Not financeable by any gov’t backed loan due to age of trailer portion (1975) talk to your agent! Sold AS IS but in good, condition. Very livable, Excellent location minutes to Coleman Bridge. Estimated Rent $900 Mo. Return on Investment is excellent! Using $800 rent, 70% factor and 6% cap rate, present value of future money comes in around $140,000.
Location
State VA
County Gloucester
Area 116 - Gloucester
Direction Off Tidemill Rd
Interior
Heating Forced Air, Oil
Cooling Window Unit(s)
Flooring Ceramic Tile, Linoleum, Partially Carpeted, Wood
Appliance Dryer, Electric Water Heater, Microwave, Refrigerator, Stove, Washer
Exterior
Exterior Feature Porch
Pool None
Waterfront No
Roof Type Composition
Porch Porch
Parking Type Off Street
Garage No
Building
Story 1
Sewer Septic Tank
Water Well
Architectural Style Bungalow, Cottage, Manufactured Home
Level or Stories One
Structure Type Block,Drywall,Frame,Other
New Construction No
Construction Status Actual
Schools
Elementary Schools Achilles
Middle Schools Page
High Schools Gloucester
Others
Tax ID 051I-1-5
Ownership Individuals
Financing Cash
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Bought with Non MLS Member