10736 Phillips Store Road

Broadway, VA 22815

$825,000
Price
12
Beds
8
Baths
8,688 Sq. Ft.
$95 / Sq. Ft.
8,688
Sq. Ft.
$95
per Sq. Ft.

Description

Great investment opportunity. 7 rental mobile homes on 7 separate parcels, 2 double wides and 5 single wides. All units have 3 bedrooms and 2 baths. Situated on 14+ acres. Each unit has it's own septic and there are 2 shared wells. Current monthly rental income is $6,125. Owner pays electric for wells and trash pickup as well as common area mowing and snow removal.Great investment opportunity. 7 rental mobile homes on 7 separate parcels, 2 double wides and 5 single wides. All units have 3 bedrooms and 2 baths. Situated on 14+ acres. Each unit has it's own septic and there are 2 shared wells. Current monthly rental income is $6,125. Owner pays electric for wells and trash pickup as well as common area mowing and snow removal.
  1. Listed by Judy Derrow • Weichert Realtors - Nancy Beahm Real Estate
    P: 540-421-9603 jlshifflett@yahoo.com

Property Details for 10736 Phillips Store Road

Subdivision
NONE
Directions
From route 11 at Mauzy intersection off of I-81, take 259 (Mayland Road) west toward Broadway. Turn left onto Phillips Store Road. Approximately .7 of a mile. Properties are on the left on Precision Lane
Water
Shared Well
Zoning
A-2 Agricultural General

Location

Listing Courtesy of Weichert Realtors - Nancy Beahm Real Estate, Judy Derrow
Add your commute
LISTING UPDATED: 02/12/2024 05:31 PM

Property Details for 10736 Phillips Store Road

StatusActive
MLS #649515
Days on Market109
Taxes$3,816 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Detached
Year Built2003
Lot Size14.37 AC / 625,957 SF
CountyRockingham County

Location

Listing Courtesy of Weichert Realtors - Nancy Beahm Real Estate, Judy Derrow
Add your commute

Building Information for 10736 Phillips Store Road

Stories-Residences-Year Built2003Building Size-Lot Size14.37 AC / 625,957 SF

Payment Calculator

$4,820 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,502

Property Taxes

$318

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10736 Phillips Store Road

Summary
Location and General Information
  • County/Incorporated City: Rockingham
Taxes and HOA
  • Tax Year: 2023
  • Taxes: $3,816.00
  • Association: No
  • Assn Setup/Transfer Fees: $.00
  • Parcel Number: see legal description
School Information
  • Elem School: Lacey Spring
  • High School: Broadway
  • Middle School: J. Frank Hillyard
Property
Lot Information
  • # of Acres: 14.37
  • Price Per SQFT: $94.96
  • Foundation: Concrete Block, Pier
  • SubArea: Rockingham Co NW
Property and Assessments
  • Class: MULTI-FAMILY
  • Property Type: Detached
  • Property Included: refrigerator, electric range, dishwasher
  • Year Built: 2003
  • New Construction: No
  • Legal Description: 66-A-78J, 66-A-78J1, 66-A-78K, 66-A-78, 66-A-106A, 66-A-78K1, 66-A-78L
  • Road Maint: 0.0
  • Lockbox: No
  • Occupied By: Tenant
  • Agent Hit Count: 1
  • Client Hit Count: 0
  • Listing Services: Exclusive Right to Sell
  • Cable/Internet Available: Cable, Dish/Satellite
  • Access: Private Road, Public Road
Green Features
  • Green Features: No
Utilities
  • Sewer/Septic: Septic Tank
Interior and Exterior Features
Interior Features
  • Air Conditioning: Central AC
  • Heating: Electric, Heat Pump
Multi Family
Multi-Family Information
  • # of Units: 7
Unit 1
  • Unit 1: Type: 3 Bed Apt
  • Unit 1: # Beds: 3.00
  • Unit 1: # SQFT: 1216.0
  • Unit 1: # Baths: 2.00
  • Unit 1: # Units: 4
Unit 2
  • Unit 2: Type: 3 Bed Apt
  • Unit 2: # Beds: 3.00
  • Unit 2: # SQFT: 1472.0
  • Unit 2: # Baths: 2.00
  • Unit 2: # Units: 1
Unit 3
  • Unit 3: Type: 3 Bed Apt
  • Unit 3: # Beds: 3.00
  • Unit 3: # SQFT: 1056.0
  • Unit 3: # Baths: 2.00
  • Unit 3: # Units: 1
Unit 4
  • Unit 4: Type: 3 Bed Apt
  • Unit 4: # Beds: 3.00
  • Unit 4: # SQFT: 1296.0
  • Unit 4: # Baths: 2.00
  • Unit 4: # Units: 1
Income and Expenses
  • Average Expenses/Mo: $760
  • Other Income/Mo: $0

Property History for 10736 Phillips Store Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 10736 Phillips Store Road

Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
Lacey Spring Elementary School
PublicPK to 5

J. Frank Hillyard Middle School
Public6 to 8

Broadway High School
Public9 to 12

Faith Baptist Academy
Private1 to 12

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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10736 Phillips Store Road is a multi-family home for sale in Broadway, VA 22815. This property was listed for sale on February 12, 2024 by Weichert Realtors - Nancy Beahm Real Estate, it's currently listed at $825,000. Nearby schools include Lacey Spring Elementary School, J. Frank Hillyard Middle School and Broadway High School. 10736 Phillips Store Road is a 12-bed, 8-bath, 8,688 sqft multi-family home built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert Realtors - Nancy Beahm Real Estate, Judy Derrow

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.