Hopewell, VA 23860,1104 W Broadway

$309,000

Est. payment /mo

$295,000

4.7%
Est.Price: ?

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1104 W Broadway Hopewell, VA 23860

2,025 SqFt

SOLD DATE : 03/10/2023

Key Details

Sold Price $309,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,025 sqft

Price per Sqft $152

Subdivision Day

MLS Listing ID 2304433

Sold Date 03/10/23

Style Ranch

Construction Status Actual

HOA Y/N No

Year Built 1950

Annual Tax Amount $1,008

Tax Year 2022

Lot Size 7,501 Sqft

Acres 0.1722

Property Description

DUPLEX MUST SEE. Builder has gutted and finished throughout. Everything upgraded, fully permitted with new appliances, new roof, new heating/cooling units, electrical, flooring, etc. Each unit leased at $1500/unit/mo. 20% Down Cash-on-Cash Return $59,000 61.02%
CAP Rate 6.45%
Debt service at 6% 30yr $1,414.93 $16,979.16
Taxes $84.00 $1,008.00
Income Unit 1 Unit 2 Total
1500 1500 3000
Annual Income $36,000.00
Annual Expenses $16,979.16
Net Income $19,020.84

Location

State VA

County Hopewell

Community Day

Area 56 - Hopewell

Direction W Randolph Rd north to West on West Broadway to property on left

Exterior

Exterior Feature Unpaved Driveway

Waterfront No

Roof Type Asphalt

Parking Type Driveway, No Garage, Parking Lot, On Street, Unpaved

Garage No

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Brick,Wood Siding

Construction Status Actual

Schools

Elementary Schools Dupont

Middle Schools Carter G. Woodson

High Schools Hopewell

Others

Tax ID 030-1025

Ownership Corporate

Financing Cash

Special Listing Condition Corporate Listing

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Central Virginia Regional MLS (CVR MLS)
Listed by Keller Williams Williamsburg
Bought with EXP Realty LLC

The Lemus Group .

Team Lead | License ID: 0225228080

+1(804) 482-9539

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