INVESTMENT OPPORTUNITY! This one parcel property hosts TWO DUPLEXES (meaning 4 total rental units) all on one lot! This one of a kind property is a great opportunity for new, or experienced investors! Both duplexes were built in 1990 and are on public water and public sewer, with trash pick up. Each unit has its own storage unit and the water/sewer and electric hookups are all separate for each unit. All 4 units are fully occupied, with the tenants paying ALL utilities, including mowing and maintaining their own yard. Each of the (4) units is 1,080 square feet with a brick foundation and vinyl siding. 1183 Forrest (left duplex) consists of an A & B section (B is photographed), that are identical to one another and they are 3 bed, 1 bath units. 1185 Forrest (right duplex) consists of an A & B section (A is photographed), that are are identical to one another and they are 2 bed, 1 bath units, with the bedrooms being double the size. 2 of the 4 units have upgraded vinyl waterproof planks installed in the main living area, hallway and bedrooms. All units have washer and dryer hookups, front porches, small concrete patios in the back and at least 2 parkings spaces for each unit in the parking lot area. This is an amazing opportunity! DON'T MISS OUT!
Sold for $392,500 on 09/14/23
$392,500
1183 & 1185 Forrest Dr, Stanley, VA 22851
10beds
--baths
4,320sqft
Multi Family
Built in 1990
-- sqft lot
$455,700 Zestimate®
$91/sqft
$1,116 Estimated rent
Owner options
What's special
Zillow last checked: 9 hours ago
Listing updated: September 18, 2023 at 07:02am
Listed by:
Sable Ponn 540-860-8966,
Funkhouser Real Estate Group
Bought with:
Heather Skowronsky, 0225067177
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: VAPA2002486
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Oven/Range - Electric, Dishwasher, Electric Water Heater
Features
- Combination Kitchen/Dining, Floor Plan - Traditional, Pantry, Dry Wall
- Flooring: Carpet, Luxury Vinyl, Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,320
- Total interior livable area: 4,320 sqft
Property
Parking
- Total spaces: 8
- Parking features: Gravel, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Patio, Porch
- Pool features: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.41 Acres
- Features: Cleared
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 71A1 A 4
- Zoning: MDR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch/Rambler
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Cable
Community & neighborhood
Location
- Region: Stanley
HOA & financial
Other financial information
- Total actual rent: 28200
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple