121 Main Street North
Madison, VA 22727
MLS #MA10181538

    Est. P&I payment: $725.29/mo
    Description for 121 Main Street North, Madison, VA 22727
    Excellent income potential!! Building consists of 2 separate apartments (both currently occupied), as well as almost 900 sq.ft. of office space that could potentially be converted into an additional, 3rd apartment. Existing tenants have expressed the desire to continue current leases. Office space has entry from Main St and from alleyway, 1/2 bath, space for kitchenette, & storage/utility closet.
    MLS #MA10181538
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    My Notes for MLS #MA10181538

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Office,​Other
    • Zoning Code: B1

    Exterior Features

    • Exterior: Siding - Vinyl
    • Roof: Metal
    • Stories: 2
    • Water Front: N
    • Parking: Free,​Street

    Interior Features

    • Gross SQFT: 2,562
    • Net SQFT: 2,562

    Utilities Features

    • Sewer Septic: Public Septic
    • Water: Public

    Financial Features

    • Total Taxes: 1,359.54
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 147.1
    • City Town Tax Payment Freq: Annually
    • County Tax: 1,212.44
    • County Tax Payment Freq: Annually
    • Tax Year: 2017
    • Improvement Assessment Amount: 124,300
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 54,000
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 178,300
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2013
    • Additional Income Sources: Apartment Rentals

    Community Features

    Misc Features

    • Year Built: 1927
    • Tenancy: Lease terms Mixed
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No


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    The listing information for 121 Main Street North, Madison, VA 22727 was graciously provided by our friends at the listing brokerage, Montague, Miller & Company

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    Last Updated 04/22/2018 at 12:10pm
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