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Key Details
Sold Price $305,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $191
Subdivision None Available
MLS Listing ID VAWR2007698
Sold Date 05/17/24
Style Ranch/Rambler
Bedrooms 4
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 1,596
Originating Board BRIGHT
Year Built 1970
Annual Tax Amount $1,381
Tax Year 2022
Lot Size 0.275 Acres
Acres 0.28
Property Description
Overview:
This investment property presents a prime opportunity for investors seeking a lucrative asset in Front Royal. Located in a desirable area, this property boasts 3192 SQFT, offering 4 bedrooms and 3 baths on main floor.
Features:
Spacious 4 bedrooms (2 primary suits)
3192 of total living space. (including unfinished basement)
Well-maintained exterior with Lots of parking and large outdoor building
Updated Bathrooms
Investment Highlights:
Prime Location: Situated in a highly sought-after area, ensuring consistent tenant demand and maximizing rental income potential.
Strong Rental Market: Front Royal offers a robust rental market with steady appreciation, making it an ideal location for real estate investment.
Income Potential: AS a flip or remodel
Value-Add Opportunity: Potential for value appreciation through renovations or upgrades, enhancing rental rates and overall property value. ARV is 425k
Financial Summary:
Potential for Appreciation: Given the market trends and location, there's potential for property value appreciation over time.
Work Needed: AS-IS
Sump pump went out and flooded basement. There is mold and owner has pricing to demo. Looking for quick sale. CASH, Conventional or Reno loans only. By appointment only Tenant occupied.
Location
State VA
County Warren
Zoning R2
Rooms
Basement Connecting Stairway, Outside Entrance
Main Level Bedrooms 4
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Oil
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Warren County Public Schools
Others
Senior Community No
Tax ID 20A2 5 E C
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Kevin Gutierrez-Silva • Coldwell Banker Elite
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Bob Gauger
Broker Associate | License ID: 312506
Broker Associate License ID: 312506