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408 W 12TH STREET, Front Royal, VA 22630
$300,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
1,596
sqft
Built in
1970
Overview: This investment property presents a prime opportunity for investors seeking a lucrative asset in Front Royal. Located in a desirable area, this property boasts 3192 SQFT, offering 4 bedrooms and 3 baths on main floor. Features: Spacious 4 bedrooms (2 primary suits) 3192 of total living space. (including unfinished basement) Well-maintained exterior with Lots of parking and large outdoor building Updated Bathrooms Investment Highlights: Prime Location: Situated in a highly sought-after area, ensuring consistent tenant demand and maximizing rental income potential. Strong Rental Market: Front Royal offers a robust rental market with steady appreciation, making it an ideal location for real estate investment. Income Potential: AS a flip or remodel Value-Add Opportunity: Potential for value appreciation through renovations or upgrades, enhancing rental rates and overall property value. ARV is 425k Financial Summary: Potential for Appreciation: Given the market trends and location, there's potential for property value appreciation over time. Work Needed: AS-IS Sump pump went out and flooded basement. There is mold and owner has pricing to demo. Looking for quick sale. CASH, Conventional or Reno loans only. By appointment only Tenant occupied.
Features & Amenities
Interior
- Basement:
- Connecting Stairway,Outside Entrance
- A/C:
- Central A/C
- Heating:
- Y, Forced Air, Oil
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Ranch/Rambler
Construction
- General:
- Brick, 1, Block
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- WARREN COUNTY PUBLIC SCHOOLS
- County:
- WARREN
Lot
- Zoning:
- R2, 20A2 5 E C
- Current Use:
- 1
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Keller Williams Realty, Amanda Slate
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Front Royal, VA
Housing
- Number of Units
- 12,890
- Median Home Value
- $255,585
- Median Rent
- $833
26.91% of housing units are renter occupied.
8.20% are vacant.
Commute
- Car
-
67.84%
- Public Transportation
-
0.18%
- Walk to Work
-
2.30%
- Work from Home
-
29.34%
- Other
-
0.23%
The median travel time to work is 28 minutes.
People
- Population
- 31,487
- Median Age
- 40.60
- Median Household Size
- 2.76
Education
- High School
-
34.60%
- Associate’s Degree
-
7.58%
- Bachelor’s Degree
-
14.06%
- Graduate Degree
-
6.86%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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