238 King Street East
Strasburg, VA 22657
MLS #SH10150742

    Est. P&I payment: $954.45/mo
    Description for 238 King Street East, Strasburg, VA 22657
    Investors take note, this property is 100% leased. Upstairs apt tenant pays $850/mo. Downstairs tenant has a 3 year lease with annual increases; $650/mo to $750 to $850/mo. 2017 renovation and buildout completed. Recent appraisal to justify asking price.
    MLS #SH10150742
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    My Notes for MLS #SH10150742

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Office,​Office Building
    • Zoning Code: C1

    Exterior Features

    • Stories: 2
    • Lot Area Acre: 0.026171
    • Lot Size Area: 1,140
    • Water Front: N
    • Parking: Street

    Interior Features

    • Gross SQFT: 1,812
    • Net SQFT: 1,812

    Utilities Features

    • Cooling Fuel: Electric
    • Cooling: Central Air Conditioning
    • Heating Fuel: Electric,​Natural Gas
    • Hot Water: Electric
    • Metering: Fully Separate,​Other
    • Sewer Septic: Public Sewer
    • Water: Public

    Financial Features

    • Price Per Square Foot: 138
    • Total Taxes: 1,100.48
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 231.68
    • City Town Tax Payment Freq: Annually
    • County Tax: 868.8
    • County Tax Payment Freq: Annually
    • Tax Year: 2017
    • Improvement Assessment Amount: 71,600
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 73,200
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 144,800
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2016
    • Rent Income: 18,000
    • Gross Income: 18,000
    • Monthly Gross Rent: 1,500
    • Owner Pays: Property Management,​Repairs and Maintenance,​Property Insurance,​Taxes-Real Estate
    • Rental Year: 2018
    • Rent Special Terms: Leases and security deposits to convey at Settlement.

    Community Features

    Misc Features

    • Property Condition: Shows Well
    • Year Built: 1922
    • Occupied: Yes
    • Tenancy: 3+ Year Lease(s),​1 Year Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No


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    The listing information for 238 King Street East, Strasburg, VA 22657 was graciously provided by our friends at the listing brokerage, Sager Real Estate

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    P&I Payment $954.45
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    MRIS is the source of the listing information and listings are provided by various brokerages who participate in the MRIS IDX program. Listings provided by brokerages other than the owner of this website show the listing brokerage on the listing details page. This website is not an MLS nor does it represent the full data set of the MRIS Multiple Listing Service (MLS).
    Last Updated 04/22/2018 at 5:34pm
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