Income Producing 5-Unit Apartment

Real Estate Auction in 107 Carroll Ave, Colonial Heights, Virginia, United States

01 Wednesday
01st July, 2020 11:00 AM

Income Producing 5-Unit Apartment

Real Estate Auction in 107 Carroll Ave, Colonial Heights Virginia, United States

Wednesday at - 01st July , 2020


Buyers premium: 10% Buyers Premium based on the high bid.
Closing: 45-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit due by 4:30 PM ET on Friday, July 3, 2020.
Broker Coop: 2% of the high bid will be paid to a properly registered broker at settlement.



Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

Attention Multifamily investors: Centrally located, 5-Unit Apartment in Colonial Heights! Located just off the Boulevard and less than a mile to Virginia State University.

Features Include:

  • Potential $3,675/mo rent with (5) units rented!
  • Attractive block
  • Improvements since 2016 include plumbing and electrical
  • Potential to add 2BR/1BA unit in detached guest house
  • (1) 200 amp and (4) 100 amp electric meters
  • Detached Shed
  • Huge lot
  • Ample off-street Parking

Please be respectful of tenants. Please contact Tranzon representative before going on Property.

Unit #    BR/BA Occupied Scheduled Rent 1 1BR/2BA    Occupied    $795.00 2 1BR/1BA Occupied $695.00 3 1BR/1BA Occupied $695.00 4 2BR/1BA Occupied $795.00 5 2BR/1BA Occupied $695.00       $3,675.00

Landlord pays water; +/- $100/month

Parcel ID#: 3500010B020
2020 Tax Assessment: $181,700
2020 Annual Taxes: $2,180

Please be sure to download the Property Information Package by clicking on the words under “Documents to Download.” By downloading this package you will alert Tranzon to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.