Updates have been completed and ready for the market!

Located within the Town of Glade Sprng with public water and sewer. This brick duplex with metal roofing reflects lower maintenance on this investment property. Each unit is 2 bedrooms, 1 bath with rear patio for additional access.

Private driveway for each of the tenants. Convenient to I81 for ease of commute and additional shopping. Seller pays water. Individual electric meters. Start your investment portfolio today with this opportunity.

Request Information
on 228 Mimosa St
in Glade Spring, VA
Presented by Matt Smith at
Matt Smith Realty.


Property MLS #85753 from SouthWestVA

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 4

+ Appliances

Range/Oven
Dishwasher
Refrigerator
Laundry Features: Main Level

+ Heating and Cooling

Cooling Features: Central Air
Heating Features: Heat Pump
Water Heaters: Electric

+ Bathrooms

Full Bathrooms: 2

+ Interior Features

Interior Amenities: Dry Wall, Vinyl Floors, Vinyl Plank Floors

+ Exterior and Lot Features

Paved Street

+ Land Info

Lot Description: Appointment Only, Schedule Through Navica
Lot Size Acres: 0.49
Lot Size Dimensions: .49
Lot Size Square Feet: 21344

+ School Information

Elementary School: Meadowview
High School: Patrick Henry
Middle School: Glade Spring
+ Display Complete School Details

Glade Spring Middle School is a public middle school located approximately 0.6 miles away.
Map directions

Patrick Henry High School is a public high school located approximately 2.3 miles away.
Map directions

Meadowview Elementary School is a public elementary school located approximately 5.2 miles away.
Map directions

Glade Christian Academy is a private elementary, middle and high school located approximately 0.3 miles away.
Map directions

+ Rental Info

Gross Income: 19200.00

+ Multi-Unit Info

Number of Units: 2
Number of 2 Bedroom Units: 2
Total Bathrooms in the 2 Bedroom Units: 1

+ Homeowners Association

Gardener Expense: 1775.00
Maintenance Expense: 960.00

+ Other Property Info

Annual Tax Amount: 873.76
Source Listing Status: Active
County: Washington-VA
Directions: I81N to Exit 29. Left on Maple St. Right on Sycamore. Right on Mimosa.
Tax Year: 2021
Other Expense: 1942.00
Source Property Type: Residential Income
Insurance Expense: 764.00
Area: Washington County
Source Neighborhood: Hendricks
Subdivision: Hendricks
Zoning: GS
Property Features: Side by Side
Property Subtype: Duplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2023	$93,600 + $20,000 $113,600	$681
2022	$93,600 + $20,000 $113,600	$681
2021	$93,600 + $20,000 $113,600	$681
2020	$81,600 + $20,000 $101,600	$640
2019	$81,600 + $20,000 $101,600	$640

+ Reveal Property Sale History

Price Changed 2024-05-24
$177,900
SouthWestVA

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Relisted 2024-03-06
$189,000
SouthWestVA

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Listing removed 2024-03-02
$0
SouthWestVA

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Price Changed 2024-01-29
$189,000
SouthWestVA

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Listed 2023-09-01
$185,000
SouthWestVA

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Listing removed 2009-12-12
$96,500
SouthWestVA

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Relisted 2009-11-30
$96,500
SouthWestVA

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Listing removed 2009-11-22
$96,500
SouthWestVA

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Relisted 2009-10-26
$96,500
SouthWestVA

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Listing removed 2009-10-24
$96,500
SouthWestVA

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Listed 2009-04-20
$96,500
SouthWestVA

+ Commercial Info

Net Operating Income: 9863.76

+ Building and Construction

Total Square Feet Living: 1736
Year Built: 1989
Building Exterior Type: Brick
Foundation Details: Crawl Space
Property Age: 35
Roof: Metal
Total Above Grade Sqft Area: 1736

+ Utilities

Electric: Separate Meters
Sewer: Public Sewer
Water Source: Public