238 King Street East
Strasburg, VA 22657
MLS #SH10150742

Commercial
    $249,900
    Est. P&I payment: $954.45/mo
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    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

    Location

     
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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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    Last Updated 04/22/2018 at 5:34pm
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