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Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $131
Subdivision Town Of Luray
MLS Listing ID VAPA2002730
Sold Date 10/24/23
Style Other
Abv Grd Liv Area 2,652
Originating Board BRIGHT
Year Built 1949
Annual Tax Amount $1,849
Tax Year 2020
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Calling all investors, you are not going to want to miss this one! This 3-unit apartment building in the heart of downtown Luray is full of possibilities. The property is zoned B-1 and located on a quiet street. The lower apartment is an efficiency unit which is currently being operated as a successful short-term rental (and comes fully furnished). The two additional apartments could be either long-term or short-term rentals. The upper two apartments each contain three bedrooms and one-and-a-half bathrooms, and one even comes fully furnished. Two garage spaces and a common laundry room offer additional benefits for tenants. Recent improvements to the property include a new roof, new gutters, and new roof vents. Additionally, a new 3T 14 SEER central HVAC system for all three units and new LG mini-splits in the lower apartment add to the comfort. This property is located directly across from the Hawksbill Greenway, Ruffner Plaza, and all that downtown Luray has to offer. Do not miss out on this incredible investment opportunity in the heart of downtown Luray with views of the Hawksbill Creek!
Location
State VA
County Page
Zoning B1
Rooms
Basement Full, English, Daylight, Full, Garage Access, Improved, Outside Entrance
Interior
Hot Water Electric
Heating Forced Air, Baseboard - Electric
Cooling Central A/C, Window Unit(s), Ductless/Mini-Split
Flooring Ceramic Tile, Hardwood, Laminate Plank
Fireplace N
Heat Source Electric, Propane - Leased
Exterior
Exterior Feature Balconies- Multiple, Porch(es)
Garage Garage - Front Entry
Garage Spaces 2.0
Utilities Available Cable TV Available, Electric Available, Multiple Phone Lines, Propane, Sewer Available, Water Available
Waterfront N
Water Access N
View Creek/Stream, Garden/Lawn, Park/Greenbelt, Street, Trees/Woods, Water
Roof Type Shingle
Accessibility None
Porch Balconies- Multiple, Porch(es)
Parking Type Attached Garage, On Street
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Lot Description Corner
Foundation Stone, Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Masonry
New Construction N
Schools
Elementary Schools Luray
Middle Schools Luray
High Schools Luray
School District Page County Public Schools
Others
Tax ID 42A11 A 171A
Ownership Fee Simple
SqFt Source Estimated
Security Features Exterior Cameras
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Lauren S Reed • Funkhouser Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "