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423-968-7653
Apple Realty and Auction
Commercial

1931 Lovers Gap Rd, Vansant, VA 24656

Stories: 1 Unit: #N/A
Price: $599,900  Price Per SqFt: List Date: 2019-01-01  DOM:  83
City Tax: $0 County Tax: $3,528
Year Built: 1960 About homes built before 1978
Lot Dimensions: See Remarks
Heating: Central, Heat PumpCooling: Central, Heat PumpWater & Sewage: Sewer-Public, Sewer-Septic, Water-Public

Description

Investors!!! If you're looking for an investment where you can walk straight in and start earning, at the very least, a 12% cap rate, then look no further ... This is the property you've been waiting for! Consisting of 3 Single Family Residential Dwellings, and 2 Commercial Buildings. Each of the residential properties have long term tenants, along with a waiting list. The 2 Commercial Buildings are GSA (Government Services Approved). One building is the US Post Office, which has been a tenant for decades. Building #2 has 4 large office spaces that are 2,000 square feet each. Most all of the big ticket items have already been done to each of these properties in the last 36 months, including ... new metal roofs and heatpumps. Some have new kitchens, new windows, and new decks. The addresses are 1893, 1903, 1909, 1911, 1931, and 1941 Lovers Gap Road. All information is deemed reliable, but should be verified by Buyer/Buyer's Agent. Call listing agent for more information!!!

Community Information

Geographical
Area: Abingdon
County: Buchanan
Subdivision:
Zoning: Comm - Res - MF
School System
Elementary
Middle
High

Interior

Exterior

Roof: Metal Exterior Finish: Brick 

Photos

Listing by Kw Johnson City
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