2939 Hickory Cove LN, & 2925, Moneta, VA 24121 (MLS# 881042)


$389,000
2939 Hickory Cove LN, & 2925
Moneta, VA 24121
MLS# 881042
1874 sqft


2939 Hickory Cove LN, & 2925, Moneta, VA 24121
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Property Description
Calling all Airbnb enthusiasts...outstanding rental income producing property at Smith Mountain Lake. Currently one duplex on one half of a two acre parcel, two units each with two bedrooms, one bath and a single car garage. Potential to build another two unit duplex on the currently vacant acre. Seller will build additional duplex at cost plus. High demand in the lake area for modest size rental units and very low inventory make this an excellent investment! Seller can provide preliminary plans and detailed information upon request.

Details
Contract Information
Current Price: $389,000
List Price: $389,000
List Date: 2021-06-17
Status: Active
General Property Description
Residential Type: Duplex
Construction Status: Completed
Year Built: 2004
Present Use: Built-As
Number of Units: 2
# Unfurnished: 2
# Leased Units: 1
Total Fnshd SqFt: 1874
Total Acreage: 2
Basement Y/N: No
Basement: Crawl Space
Parking Description: Off Site
Operating Expense: 1265
Net Operating Income: 21480
Water Class: N/A
Location, Legal & Taxes
Major Area: 06 - Bedford County
Area: 0600 - Bedford County
Street Number: 2939
Street Name: Hickory Cove
Street Suffix: LN
Unit #: & 2925
State/Province: VA
Zip Code: 24121
Subdivision: Lick Run
Subdivision Map: Lick Run
Municipality: Bedford County
Tax ID: 242 A 2
Annual Taxes: 1156
POA/Condo Assoc Y/N: No
Elementary School: Moneta
Middle School: Staunton River
High School: Staunton River
Remarks & Misc
Directions: From Halesford Bridge, 122 North to R on Hendricks Store to R on Hickory Cove to property on right.
Property Features
Limited Service: Not Limited Service
Construction: Vinyl
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Water Description: Private Well
Sewer Description: Private Septic
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: Month-to-Month
Owner Expenses: Lawn Care
Internet Access: Cable
Tenant Expenses: All Utilities; Deposit

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Updated: July - 20 - 2021

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