23 & 63 Camouflage

    GERRARDSTOWN, WV 25420
    • $115,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: WVBE127578
    UPDATED: 61 min ago
    $115,000
    • 0
      BEDS
    • 1.98
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    County:

    School Ratings & Info

    School District:

    Description

    Fantastic opportunity to own two rental investment properties right beside one another! Assuming rent of $750/mo per unit (1,500/mo total), $1,000 in annual insurance, $1,000 in annual maintenance, and $1,800 annually (10%) for property management, then the result is a 12% (TWELVE PERCENT!) CAP RATE. Don't let this opportunity pass you by, especially in a market in which even some of the savviest investors consider themselves lucky to find investments with only a 9% or 10% cap rate! All debris, old motor vehicles, boats, etc to be removed prior to settlement, as well as the numerous outbuildings, except the ones that are built on the property (well house and large, white-sided shed). Per owner, 9-bedroom septic, only 3 years old.

    Monthly Payment Calculator

    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2018-12-18T07:51:59.173.
    www.darthomes.com/homes/89919964

    23 & 63 Camouflage GERRARDSTOWN, WV 25420

    • Price: $115,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: WVBE127578
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.98
    Acres
    County:
    Berkeley
    School District:
    Berkeley County Schools
    Property Description
    Fantastic opportunity to own two rental investment properties right beside one another! Assuming rent of $750/mo per unit (1,500/mo total), $1,000 in annual insurance, $1,000 in annual maintenance, and $1,800 annually (10%) for property management, then the result is a 12% (TWELVE PERCENT!) CAP RATE. Don't let this opportunity pass you by, especially in a market in which even some of the savviest investors consider themselves lucky to find investments with only a 9% or 10% cap rate! All debris, old motor vehicles, boats, etc to be removed prior to settlement, as well as the numerous outbuildings, except the ones that are built on the property (well house and large, white-sided shed). Per owner, 9-bedroom septic, only 3 years old.
    Exterior Features

    Architectural Style Ranch/Rambler Construction Materials Aluminum Siding Garage YN No Other Structures Above GradeBelow Grade Parking Features Dirt Driveway Parking Types Driveway Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Electric Heating YN Yes Living Area 0 Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1

    Property Features

    Accessibility Features None Assessment Year 2018 Association YN No Central Air YN No Cooling Fuel None Heating Fuel Electric Hot Water Electric Incorporated City Name None Navigable Water YN N New Construction YN No Number Of Units Total 1 Number Of Units Vacant 0 Original MLSNumber 301176544785 Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Septic > # Of Br Structure Design Type Other Tax Annual Amount 449.0 Tax Assessment Amount 37980.0 Vacation Rental YN No Water Source Well Zoning 108

    Listing courtesy of Touchstone Realty, Llc.
    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2018-12-18T07:51:59.173.
     
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