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1704 BIRCHWOOD CIRCLE UNIT 1-2

Multi-family Recently Sold
$150,000

BTC: 2.30769231

ETH: 78.83782534

Sold on: 2021-12-09
2 days
0 room(s)
1,540 sqft

Overview

Multi-family duplex fully rented on yearly leases. Total income is $1,575 Monthly $18,900 yearly. Expenses are Insurance $1,262 per year and Taxes-1,445. Income $18,900 minus expenses equals $16,193 NOI. The property is well-maintained by a professional management company that can be retained if needed. Showing with a signed contract and pre-approval or proof of funds. Tenants pay electric, water ad trash. Lease end dates: 03/30/21-02/28/22 03/01/21-02/28/22 If you have a hard time understanding why there are no showings consider this. A property manager must notify the tenants 24-48 hours on advance. In order to do this most PR's send a letter, text, call the tenant and place a letter on the door notifying them. Picture 20 different buyers walking through your living room in the next 7 days - and with Covid back, can you imagine the possible spreading of that and the legal ramifications if a tenant did contract Covid afterward. These are just a few of the reasons why there are no showings. Write a contract and inspect during DD.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1984
Lot:
0.16 Acres
Heating:
Central
Price/sqft:
$123
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$211,600
$174K – $258K
Confidence Low
List vs. estimate
$22K below estimate
List $189,000 · -10.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$122
-33.4% vs. city median $184
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,445
2020
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 221924025000003200

    • Zoning: R-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,445

  • Source details

    • MLS ID: U8136897

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 1540

    • Water Source: Public

    • Subdivision Name: LEESBURG BIRCHWOOD

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DALTON WADE INC