Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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MULTI FAMILY PROPERTIES
1500 Riggleman Dr, Timberville, VA 22853     $329,000
MLS# 572357    Under Contract
Area: Rockingham
Circa: 1992 (26 years old)
Lot Size: 0.42 acres
Days on Market:   50 (since Aug 2, 2018)
Listing By: Cottonwood Commercial LLC
Great investment opportunity!!! Fully leased to excellent tenants. All brick 4 unit apartment that has been very well maintained and upgraded. New roof installed in 2014. Three New Heat Pumps and New carpet in 2017. Current monthly rent income is $2,400 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. 500 and 1100 Riggleman Drive 4 plexes are also on market. You can buy all three together!
 

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