Description
Wonderful investment opportunity in the growing Town of Woodstock, VA. This is a corner lot located on Main Street Downtown & Zoned Commercial with Multi Use Residential. Currently the property is broken down in two residential apartments. Each unit has a separate entrance with separate living quarters and (dual electric meters) and a sprinkler system. Seller has serviced the boiler, upgraded the pump and replaced drain lines from the upstairs apartment. Seller has recently sealed, patched, primed and painted the roof. The Seller has also updated the electrical lines in both apartments and has replaced the side / back decks and added a sidewalk. **Repairs needed: One of the original log floor joists was cut out of the way to run pipes and shimmed up with supports improperly which has caused the floor to sag and center wall to dip enough for second floor to drop making it feel spongy. This would need to be jacked up a little and properly secured. The inside needs to be remodeled. The interior walls also need some repair due to old termite damage consisting of a few feet which is now exposed. Exterior the siding door does need to be replaced. Property is being Sold in "AS IS" condition.
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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2,182SQFT
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$101$/SQFT
Description
Wonderful investment opportunity in the growing Town of Woodstock, VA. This is a corner lot located on Main Street Downtown & Zoned Commercial with Multi Use Residential. Currently the property is broken down in two residential apartments. Each unit has a separate entrance with separate living quarters and (dual electric meters) and a sprinkler system. Seller has serviced the boiler, upgraded the pump and replaced drain lines from the upstairs apartment. Seller has recently sealed, patched, primed and painted the roof. The Seller has also updated the electrical lines in both apartments and has replaced the side / back decks and added a sidewalk. **Repairs needed: One of the original log floor joists was cut out of the way to run pipes and shimmed up with supports improperly which has caused the floor to sag and center wall to dip enough for second floor to drop making it feel spongy. This would need to be jacked up a little and properly secured. The inside needs to be remodeled. The interior walls also need some repair due to old termite damage consisting of a few feet which is now exposed. Exterior the siding door does need to be replaced. Property is being Sold in "AS IS" condition.
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