318 Royal Avenue

    Front Royal, VA 22630
    • $599,999
    • STATUS: Active
    • ON SITE: 492 days
    • ID#: WR9948795
    UPDATED: 59 min ago
    $599,999
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $100
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Cash flowing property with value-add opportunity. Priced to sell at 8.5% CAP! Building is fully tenanted. Includes (2) Two-bedroom apartments, (2) One-bedroom apartments, (1) Efficiency apartment, and (1) Commercial Unit. Apartments and commercial space completely renovated (2016), new windows throughout for entire building, brand new rubber insulated roof, updated electric, updated baths.

    Monthly Payment Calculator



    The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than CENTURY 21 Core Partners are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2018-09-21T14:21:51.507.

    CENTURY 21 Core Partners: 717-718-0748
    www.century21core.com/homes/72662035

    318 Royal Avenue Front Royal, VA 22630

    • Price: $599,999
    • Status: Active
    • Updated: 59 min ago
    • ID#: WR9948795
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,000
    SQFT
    $100
    $/SQFT
    1950
    Built
    Neighborhood:
    Front Royal
    County:
    Warren
    Area:
    Warren
    Property Description
    Cash flowing property with value-add opportunity. Priced to sell at 8.5% CAP! Building is fully tenanted. Includes (2) Two-bedroom apartments, (2) One-bedroom apartments, (1) Efficiency apartment, and (1) Commercial Unit. Apartments and commercial space completely renovated (2016), new windows throughout for entire building, brand new rubber insulated roof, updated electric, updated baths.
    Exterior Features

    Exterior Brick Parking Private 1-10 Spaces Roof Rubber Waterfront No

    Interior Features

    Clear Span Ceiling Height 8' To 10' Floor WoodFully CarpetedVinylTile/Brick Heating Floor FurnaceCentral Hot Water Electric Net Sq Ft 5500.0 Walls Ceilings Plaster WallsDry Wall

    Property Features

    Assessment Year 2015 Auction No City Town Tax 397.67 City Town Tax Payment Freq Annually Comm Industrial Type Other County Tax 1896.58 County Tax Payment Freq Annually Election District 10 Expenses 10000.0 For Sale Yes Foreclosure No Gross Income 62400.0 HOA No Incorporated City 10000026664 Investment Yes Listing Transaction Type Standard Locale Listing Status Active Monthly Gross Rent 5200.0 New Construction No Occupied Yes Owner Pays Taxes-Real EstateUtilitiesOther Ownership Fee Simple Parking Included In List Price Yes Pass Thru No Possession Immediate Property Condition As-Is ConditionRenov/Remod Property Net Operating Income 52400.0 Property Status Existing Rent Income 62400.0 Rental Net Operating Income 52400.0 Sewer Septic Public SepticPublic Sewer Short Sale No Tax Year 2016 Tenancy 1 Year Lease(S)2 Year Lease(S) Total Assessment 0.0 Total Assessment Payment Freq Annually Total Taxes 2294.25 Total Taxes Payment Freq Annually Vacancy Factor 5.0 Vacation Home No Water Public Zoning Code C

    Listing courtesy of Jon Fidero of Vesta Realty Llc.


    The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than CENTURY 21 Core Partners are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2018-09-21T14:21:51.507.

    CENTURY 21 Core Partners: 717-718-0748
     
    CENTURY 21 Core Partners
    1925 E Market Street
    York PA, 17402