Remarks

This is an amazing opportunity to acquire a property in a highly sought after location in the heart of historic downtown Bedford. This 8,920 square foot apartment complex is among some of the best located and wonderfully maintained properties in the area

This prime location is within walking distance of stores, schools, and major events taking place in downtown Bedford. A tree lined street surrounded by beautifully restored homes and buildings adds to the substantial value of this location.

The present owners have transformed this once historical stately mansion into a fabulous building that includes seven separate apartments. All units have separate laundry facilities. Many of the apartments have been created around the historical charm of the building and it is no wonder that there is a high occupancy rate. All units are rented!

Natural gas, city sewer and water and high speed internet cannot be overstated and definitely adds to the substantial income potential.

Crown moldings, rooms bathed in plenty of natural light, charming terraces and balconies new flooring, renovated kitchens and baths are just a few of the many features that make this investment so amazing. Additional rental income is also included with the rental of the garage.

Don't miss the opportunity to take advantage of this profitable apartment building and realize the joy of investing in this quaint historical town of Bedford County.

Details

MLS#: 74488
Price: $549,000

Style: Mixed Use
Sq Ft: 8920
Year Built: 1825

County: Bedford
Tax Fee: 3838.1199999999999

School District: Bedford Area