500 RIGGLEMAN DR Timberville, VA 22853

$329,000
500 RIGGLEMAN DR, Timberville, VA 22853
572355

Multi-Family Home for sale in Timberville, VA

for $329,000. This 3,448 square foot home was built in 1994 on a lot size of 0.47 Acre(s).

Property Information

  • $329,000
  • Multi-Family
  • 3,448 Square Feet
  • Taxes are $1,637
  • Quadruplex
  • Active
  • Lot size of 0.47 Acre(s)
  • Built in 1994
  • Timberville, VA
  • Rockingham County
  • MLS/Web ID is 572355

Description

Great investment opportunity!!! Fully leased to excellent long term tenants. All brick 4 unit apartment that has been very well maintained and upgraded. New roof installed in 2014. Current monthly rent income is $2, 250 and more income expected by raising lower rent to market average. Each unit has a range, dishwasher, refrigerator, and washer/dryer. Tenants pay all utilities with separate meters and there is low maintenance cost by landlord. NO HOA fees. 1100 and 1500 Riggleman Drive 4 plexes are also on market. You can buy all three together!

Interior 7

Appliances

  • Dishwasher
  • Dryer
  • Electric Range
  • Refrigerator
  • Washer

Basement

  • Crawl Space

Cooling System

  • Central Air
  • Heat Pump

Flooring

  • Carpet(s)
  • Vinyl Flooring

Heating System

  • Electric

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 5

Foundation

  • Concrete

Lot Description

  • Cul de Sac

Road Frontage

  • Public Road

Roof

  • Composition Shingles

Siding

  • Brick

Miscellaneous 1

Occupied

  • Tenant

Rental 2

Landlord Pays

  • Insurance
  • Taxes

Tenant Pays

  • Electric
  • Trash
  • Water/Sewer

† Excluded Feature

Neighborhood & Schools

Elementary School: Plains
Middle School: J. Frank Hillyard
High School: Broadway

 See complete school information

Listed By

Broker: COTTONWOOD COMMERCIAL LLC

500 RIGGLEMAN DR , Timberville, VA, 22853 is a Multi-Family Home for sale at $329,000 with 3,448 sqft and a lot size of 0.47 Acre(s). 500 RIGGLEMAN DR has 0.0 baths and was built in 1994. The property's zip code is 22853 which is in Timberville, VA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Timberville $396,105 20 % above $272,500 17 % below
Multi-family listings in Timberville $329,000 0 % below $329,000 0 % below
Sold listings in Timberville $123,510 62 % below $117,450 64 % below

Local Sold History

Address Beds Baths Sqft Sold Price Sold Date Distance (miles)
3589 RICHARDSON RD
Timberville, VA
3 2.00 0.00 $340,000 9/19/2017 2.20

Get the facts about Timberville, VA!

Population 2,445
Population Growth (since 2000) 13 %
Median Income $44,781
Median Age 41.46
Households w/ Children 30 %

Residential Dwellings

  • Owned 710
  • Vacant 80
  • Rented 321

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363