1502 Cassell Lane, Bedford, VA 24523 - Bedford County

20 3 BR, 2 BA Townhome Units

1502 through 1521 Cassell Lane, Bedford, VA 24523

Sale includes 20 units total-10 buildings, each with 2 townhouse units. All 20 units have 3 bedrooms and 2 full baths. Ten units have full basements, 10 units are on slabs. Addresses are 1502 through 1521 Cassell Lane. The finished area per unit is 1452 Sq.ft. For the 10 units with unfinished basements, add an additional 810 Sq.ft. Note: Information obtained from Bedford GIS.

Year Built: 2003

Total Acreage: 5.8

Lot Dimensions: Irregular

Subdivision Map: Shady Knoll 42-186

Lots: 14-23

Section: 3

Zoning: R2

Annual Taxes: $18,968

Total Units: 20

Parking Number of Vehicle Spaces: 40

Net Operating Income: $125,054

Gross Bldg SQFT: 28,040 - excluding the 10 basements

Number of Leased Units: 20

Number of Unfurnished: 20

Elementary School: Bedford

Middle School: Bedford Middle

High School: Liberty

Gross Income: $187,105

Total Annual Expenses: $62,051

Construction: Brick; Vinyl

Heating: Heat Pump Electric

Cooling: Heat Pump Electric

Water Description: Public Water

Sewer Description: Public Sewer

Water Heater Type: Tank

Water Heater Energy: Electric

Management Exp: 28,800

Insurance Exp: 7,353

Maintenance Exp: 6,930

Tax Exp: 18,968

Owner Expenses: Lawn Care; Management Fee

Tenant Expenses: All Utilities

Lease Type: One Year; Month-to-Month