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Blue Ridge Properties Listing
20802 Meadowbrook Drive, A, Abingdon, VA 24211 (MLS #9978432)
Basic Information:
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Multi Family
Sub Type: Duplex
MLS Number: 9978432
Lot Acreage: 0.35000
Living Area: 0
Year Built:2002
Elementary School: Abingdon
Middle School: E. B. Stanley
High School: Abingdon
Public Remarks: Investor Portfolio Opportunity - Abingdon, VA & Bristol, VA! Portfolio Includes: 20796 Meadowbrook (3/2.5), 20814 Meadowbrook (3/2.5), 20802 Meadowbrook (3/2.5), 20824 Meadowbrook (2/2.5) and 149 Leonard St Bristol VA (2/2) Exceptional opportunity to acquire a portfolio of five income-producing duplexes (10 total rental units) located in two strong rental markets: Abingdon, VA and Bristol, VA. Four duplexes located in the desirable Meadowbrook subdivision of Abingdon, VA. One duplex located near Downtown Bristol, VA. Nine of ten units are currently leased, offering immediate rental income. Unit mix includes three 3-bedroom, 2-bathroom buildings and two 2-bedroom, 2-bathroom buildings. Units offer spacious layouts with excellent tenant appeal and convenient locations near community amenities, shopping, and events This portfolio is well-positioned for both seasoned investors looking to expand and new investors seeking a solid, turnkey opportunity with long-term equity potential. Tenants are drawn to the charm and convenience of Meadowbrook as well as the walkability and downtown access in Bristol. Additional financials and rent roll available upon request. Do not disturb tenants. Showings available with acceptable offer or upon request with proper notice. Buyer/Buyers Agent to verify. ** PLEASE NOTE - units vary and interior photographs are taken from 1 unit.
Listing Courtesy:KW Bristol
More Listing Info:
AC:Central Air: true
Contract Info:Foreclosure: No
Easements:None12: true
Exterior Finish:Brick4: true
Exterior Finish:Vinyl Siding: true
General Property Description:# Buildings: 5
General Property Description:# of Units: 10.0
General Property Description:Acres: 0.35
General Property Description:Elementary School3: Abingdon
General Property Description:High School3: Abingdon
General Property Description:HOA YN: No
General Property Description:Home Warranty2: No
General Property Description:Lot Dimensions: 89x172
General Property Description:Middle School2: E. B. Stanley
General Property Description:Senior Community YN3: No
General Property Description:Total Units: 10
General Property Description:Zoning2: r
Heating:Heat Pump2: true
Levels:One: true
Levels:Two: true
Location Tax Legal Info:City Taxes: 0.0
Location Tax Legal Info:County Taxes: 1126.2
Location Tax Legal Info:Unit #: A
Parking Features:Asphalt2: true
Property Condition:Above Average: true
Property Condition:Average: true
Remarks Misc:Directions3: Take Exit 14 toward Abingdon. Turn right onto Old Jonesboro Rd Turn left onto W Main St. Turn right onto Porterfield Hwy Turn right onto Meadowbrook Dr. Arrive at 20803 Meadowbrook Dr
Remarks Misc:Public Remarks2: Investor Portfolio Opportunity - Abingdon, VA & Bristol, VA! Portfolio Includes: 20796 Meadowbrook (3/2.5), 20814 Meadowbrook (3/2.5), 20802 Meadowbrook (3/2.5), 20824 Meadowbrook (2/2.5) and 149 Leonard St Bristol VA (2/2) Exceptional opportunity to acquire a portfolio of five income-producing duplexes (10 total rental units) located in two strong rental markets: Abingdon, VA and Bristol, VA. Four duplexes located in the desirable Meadowbrook subdivision of Abingdon, VA. One duplex located near Downtown Bristol, VA. Nine of ten units are currently leased, offering immediate rental income. Unit mix includes three 3-bedroom, 2-bathroom buildings and two 2-bedroom, 2-bathroom buildings. Units offer spacious layouts with excellent tenant appeal and convenient locations near community amenities, shopping, and events This portfolio is well-positioned for both seasoned investors looking to expand and new investors seeking a solid, turnkey opportunity with long-term equity potential. Tenants are drawn to the charm and convenience of Meadowbrook as well as the walkability and downtown access in Bristol. Additional financials and rent roll available upon request. Do not disturb tenants. Showings available with acceptable offer or upon request with proper notice. Buyer/Buyers Agent to verify. ** PLEASE NOTE - units vary and interior photographs are taken from 1 unit.
Sewer:Public Sewer: true
Structure Type:Duplex3: true
Style:Duplex2: true
TopographyLot Description:Sloped: true
Unit 1:# Bathrooms5: 4.0
Unit 1:# Bedrooms3: 6
Unit 1:# Half Baths: 2.0
Unit 1:# Units: 2
Unit 2:# Bathrooms4: 4.0
Unit 2:# Bedrooms4: 6
Unit 2:# Half Baths2: 2.0
Unit 2:# Units2: 2
Unit 3:# Bathrooms3: 4.0
Unit 3:# Bedrooms5: 6
Unit 3:# Units3: 2
Unit 3:Half Baths: 2.0
Unit 4:# Bathrooms2: 4.0
Unit 4:# Bedrooms6: 4
Unit 4:# Units4: 2
Unit 4:Half Baths2: 2.0
Water:Public: true
