$575,000
$649,900
11.5%For more information regarding the value of a property, please contact us for a free consultation.
7,855 SqFt
SOLD DATE : 01/10/2023
Key Details
Sold Price $575,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,855 sqft
Price per Sqft $73
Subdivision Mineral
MLS Listing ID VALA2002076
Sold Date 01/10/23
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $1,206
Tax Year 2021
Property Description
Are you looking for an investment where you finally make money??? Well look no further!!! Here it is!! This is a proven money making investment. 9 unit motel that the owners have established with long term tenants, collecting rent each month in the amount of $7280. Property was completely renovated in 2008. Each unit has its own Microwave and small refrigerator. Plenty of parking and lots of demand!!!
Location
State VA
County Louisa
Zoning G-C
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Laminate Plank
Heat Source Electric
Exterior
Garage Spaces 18.0
Waterfront N
Water Access N
Roof Type Architectural Shingle
Street Surface Access - On Grade,Alley,Black Top
Accessibility None
Road Frontage City/County
Parking Type Driveway
Total Parking Spaces 18
Garage N
Building
Lot Description Backs to Trees
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Thomas Jefferson
Middle Schools Louisa County
High Schools Louisa County
School District Louisa County Public Schools
Others
Tax ID 43B2-2-23-7-12
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sherry D. Palmer • LLoyds Real Estate, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "