This charming Colonial-style home, built in 1940, presents a prime investment opportunity in the desirable Seminary Heights neighborhood. With a generous lot size of 0.32 acres, this property features additional lots, offering potential for expansion or development, which can significantly enhance its value. The home boasts three spacious bedrooms and… Read More one and a half bathrooms, making it suitable for various rental strategies, including long-term leases or short-term rentals. The full basement provides ample storage or the possibility for conversion into additional living space, further increasing rental income potential. Key features include a classic brick exterior and hardwood flooring, which appeal to a wide range of tenants. The property is situated on a corner lot with road frontage, enhancing visibility and accessibility, which is advantageous for future development or resale. Investors will appreciate the absence of a homeowners association fee, allowing for greater flexibility in property management. On-street parking is available, catering to tenant needs without the burden of additional costs. The combination of its location, lot features, and structural integrity positions it as a lucrative opportunity for both immediate cash flow and long-term value growth. Read Less
Courtesy of Audrey Y Lowry, Mountains Edge Realty LLC 540-683-1891
Listing Snapshot
Days Online
5
Last Updated
Property Type
Single Family Residential
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,674
Lot Size
0.32 Acres
Year Built
1940
MLS Number
VAAX2067458
Additional Details
Property Access
Road Surface: Black Top
Appliances & Equipment
Other equipment: None
Basement
Full
Building
Built in 1940, Living area: 1674, Levels: 2, Construction Materials: Brick
Cooling
Central A/C
Accessibility Features
None
Fence
Fully
Fireplaces
1 fireplace
Floors
Hardwood
Foundation
Block
Heating
Radiator
Lot
0.32 acres, Dimensions: Lot size is combined 2200= 8334 Sq ft and 2202= 5662 sq ft, Additional Lot(s), Corner, Road Frontage
Property
Other structures: Above Grade
Roof
Slate
Sewer
Public Sewer
Taxes
Additional parcels description:, Annual Amount: $10,780, Year: 2026, Zoning: R8, Zoning description: low density residential zone multi-unit dwellings buyer to confirm what is allowed
Utilities
Water Source: Public
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