2443 Old Ferrum Rd, Unit 2445

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This duplex was built in 2006. Each unit has 2 bedrooms/1 bath. Each unit has its own electric meter, each has a heat pump. Plenty of water flow from the well. Great investment property! Rent one & live in one or rent both out! The way this duplex was designed, you can easily alter it to make it a single family home with one level living. Septic pumped 1 year ago. Floors are carpet and tile. Lots of options here! Unit addresses are: 2443 & 2445 Old Ferrum Rd.This duplex was built in 2006. Each unit has 2 bedrooms/1 bath. Each unit has its own electric meter, each has a heat pump. Plenty of water flow from the well. Great investment property! Rent one & live in one or rent both out! The way this duplex was designed, you can easily alter it to make it a single family home with one level living. Septic pumped 1 year ago. Floors are carpet and tile. Lots of options here! Unit addresses are: 2443 & 2445 Old Ferrum Rd.
  1. Listed by LUCINDA SCRUGGS • QUALITY REALTY

Property Details for 2443 Old Ferrum Road, Unit 2445

View
Mountain(s)
Zoning
NZ
Subdivision Name
N/A
Covered Spaces
12200.0
LISTING CLOSED: 07/27/2021 12:00 AM

Property Details for 2443 Old Ferrum Road, Unit 2445

StatusClosed
MLS #876927
Days on Market120
Taxes$900 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMultiFamily
Year Built2006
Lot Size1.70 AC / 74,052 SF
CountyFranklin County

Location

Listing Courtesy of QUALITY REALTY, LUCINDA SCRUGGS

Sold By QUALITY REALTY, LUCINDA SCRUGGS

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Building Information for 2443 Old Ferrum Road, Unit 2445

Stories-Residences2Year Built2006Building Size-Lot Size1.70 AC / 74,052 SF

Payment Calculator

$965 per month

30 year fixed, 6.55% Interest

Principal and Interest

$890

Property Taxes

$75

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2443 Old Ferrum Road, Unit 2445

Summary
Location and General Information
  • Directions: Rocky Mount to Rt40W to R on Iron Bridge Rd to L on Old Ferrum Rd to property on Right. 2443 & 2445 Old Ferrum
  • MLS Area Major: 0400 - Franklin County
  • City: Ferrum
  • State Or Province: VA
  • Postal Code: 24088
  • County Or Parish: Franklin County
  • MLS Area Minor: 0400 - Franklin County
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 0810000507E
  • Tax Block: 0
  • Tax Lot: 3
  • Tax Tract Or Section: 0
  • Tax Amount: $900
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $900
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Ferrum
  • Middle Or Junior School: Ben Franklin Middle
  • High School: Franklin County
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (1 - 9)
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 1.7
  • Lot Size Area: 1.7
  • Lot Size Units: Acres
  • Lot Size Square Feet: 74052.0
  • General Property Description - Total Acreage: 1.7
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 2006
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
  • General Property Description - Present Use: Built-As
Utilities
  • Sewer: Private Septic
  • Water Description - Private Well: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stone
Interior Features
  • Water Heater Type - Tank: Yes
  • Water Heater Energy - Electric: Yes
  • Heating: Heat Pump
  • Basement: Slab
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Heating: Yes
  • General Property Description - Basement: No
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 2.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • General Property Description - # Leased Units: 1
Income & Expenses
  • Gross Scheduled Income: $13,200
  • Operating Expense: $1,000
  • General Property Description - Gross Income: $13,200
  • Gross Income: $13,200
  • Net Operating Income: $12,200
Unit 1
  • Unit Number: Type 1
  • Units Total: 2
  • Beds Total: 2
  • Furnished: 1
  • SqFt: 840
  • Parking: Refrigerator
  • Rent: Range Electric
  • Bathroom: Microwave Oven (Built In)
Rental
Rental Information
  • Lease Term: Month-to-Month
  • Tenant Expenses - All Utilities: Yes

Property History for 2443 Old Ferrum Road, Unit 2445

DateEvent & SourcePriceAppreciation
Jul 27, 2021

Sold

Roanoke Valley Association of REALTORS #876927

$175,000
Jun 10, 2021

Pending

Roanoke Valley Association of REALTORS #876927

Feb 10, 2021

Listed (Active)

Roanoke Valley Association of REALTORS #876927

$189,000
DateEvent & SourcePrice
07/27/2021

Sold

Roanoke Valley Association of REALTORS #876927

$175,000
06/10/2021

Pending

Roanoke Valley Association of REALTORS #876927

02/10/2021

Listed (Active)

Roanoke Valley Association of REALTORS #876927

$189,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2443 Old Ferrum Road, Unit 2445

This home is within Franklin County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Ferrum Elementary School
PublicPK to 5

Benjamin Franklin Middle School
Public6 to 8

Franklin County High School
Public9 to 12

Henry Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of QUALITY REALTY, LUCINDA SCRUGGS

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.