UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,849 sqft
Price per Sqft $121
Subdivision None Available
MLS Listing ID VACV2008740
Style Ranch/Rambler
Abv Grd Liv Area 3,342
Year Built 1951
Annual Tax Amount $2,535
Tax Year 2022
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Detached
Source BRIGHT
Property Description
Don't miss this opportunity to own a fully leased 3-unit multifamily property located in the heart of Bowling Green. This centrally located property is professionally managed, making it a true turnkey investment.
Unit 1: 2 bedrooms, 2 full bathrooms, finished basement, approx. 2,611 sq. ft. – Rents for $1,895/month
Unit 2: 2 bedrooms, 1 full bathroom, approx. 658 sq. ft. – Rents for $1,000/month
Unit 3: Loft apartment above garage, 1 full bathroom, approx. 480 sq. ft. – Rents for $1,295/month
💰 Total Monthly Rental Income: $4,190
💰 Annual Gross Income: $50,280
Key Features:
Each unit has its own kitchen and in-unit washer & dryer
Separate private entrances for all units
All units currently leased and producing steady rental income
Professionally managed with financials and management documents available in the listing's document section
This property delivers immediate cash flow with a strong rental history in a convenient Bowling Green location, close to shops, restaurants, and commuter routes.
Location
State VA
County Caroline
Zoning R1
Rooms
Basement Outside Entrance, Partially Finished
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Parking Features Garage - Front Entry, Oversized
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Caroline County Public Schools
Others
Tax ID 43A1-3-6
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=ia26vfXN1XQ
