20802 Meadowbrook DR #A Abingdon, VA 24211
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Meadowbrook Est
MLS Listing ID 9978432
Style Duplex
HOA Y/N No
Originating Board Tennessee/Virginia Regional MLS
Year Built 2002
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 89x172
Property Sub-Type Duplex
Property Description
Portfolio Includes: 20796 Meadowbrook (3/2.5), 20814 Meadowbrook (3/2.5), 20802 Meadowbrook (3/2.5), 20824 Meadowbrook (2/2.5) and 149 Leonard St Bristol VA (2/2)
Exceptional opportunity to acquire a portfolio of five income-producing duplexes (10 total rental units) located in two strong rental markets: Abingdon, VA and Bristol, VA. Four duplexes located in the desirable Meadowbrook subdivision of Abingdon, VA.
One duplex located near Downtown Bristol, VA. Nine of ten units are currently leased, offering immediate rental income. Unit mix includes three 3-bedroom, 2-bathroom buildings and two 2-bedroom, 2-bathroom buildings. Units offer spacious layouts with excellent tenant appeal and convenient locations near community amenities, shopping, and events
This portfolio is well-positioned for both seasoned investors looking to expand and new investors seeking a solid, turnkey opportunity with long-term equity potential. Tenants are drawn to the charm and convenience of Meadowbrook as well as the walkability and downtown access in Bristol.
Additional financials and rent roll available upon request. Do not disturb tenants. Showings available with acceptable offer or upon request with proper notice. Buyer/Buyers Agent to verify.
** PLEASE NOTE - units vary and interior photographs are taken from 1 unit.
Location
State VA
County Washington
Community Meadowbrook Est
Area 0.35
Zoning r
Direction Take Exit 14 toward Abingdon. Turn right onto Old Jonesboro Rd Turn left onto W Main St. Turn right onto Porterfield Hwy Turn right onto Meadowbrook Dr. Arrive at 20803 Meadowbrook Dr
Interior
Heating Heat Pump
Cooling Central Air
Heat Source Heat Pump
Exterior
Parking Features Asphalt
Topography Sloped
Building
Entry Level Two,One
Sewer Public Sewer
Water Public
Architectural Style Duplex
Structure Type Brick,Vinyl Siding
New Construction No
Schools
Elementary Schools Abingdon
Middle Schools E. B. Stanley
High Schools Abingdon
Others
Senior Community No
Tax ID 104f 1 115