Auction Information

, , UNDEFINED

01/01/0001, 12:00 AM

Both properties have a good rental history. Triplex has two units that have been left vacant for viewing. Quiet & convenient location, just minutes from Bedford & Smith Mountain Lake. All brick construction. Good income producing potential. Zoned AP.

1,247+/- sq ft. Duplex

1.22+/- acres. Built in 1990

New roof: 2007

New heat pump: 2008

Unit 1 Rents for $360.00

Unit 2 Rents for $375.00

1,176+/- sq ft. Triplex

1.22 acres. Built in 1990

New roof: 2007

New well & Pump: 2010 (30 GPM)

New Tile Floors: 2010

Unit 1 Rents for $375.00

Unit 2 Vacant for Auction ($375)

Unit 3 Vacant for Auction ($475)

Preview Date:

Friday, June 3rd (1-2pm)

Sale Manager: George McDaniel & Bill Bryant, CAI, AARE

Terms: 5% Buyers Premium added to the high bid to determine contract sale price. 10% deposit due on the day of the auction with the balance due at closing within 30 days. Potential buyers must p...

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Directions

From Bedford, take VA-43 South toward Smith Mountain Lake; travel 7+/- miles to a left on Otter Hill Road (SR 715). Property will be 1 mile on your left.