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Back 103 Kathy Dr
Off Market

103 Kathy Dr

Lancaster VA 22503

1536 sq. ft.
1.24 ac.
Duplex
Last sold for $107,500
Jessica CutlerJessica Cutler, last sold this property on 16 March 2020 after 527 days on market.

Overview

This is a good home to live in with your family or let someone rent the next door of your duplex. If your goals include becoming financially independent, this is an investor's dream for rental income and wealth. When you purchase this duplex property for rental income potential @ $650 per side x 2 sides = $1,300 per month x 12 = $15,600 per year with low maintenance costs, insurance, and taxes. This investment should pay for itself quickly and provide a tax shelter for other income if the depreciation and deductions are still allowed for investment properties in the new tax laws. There are 2BR/1BA per side = 4BR/2BA per resident. Each side has it own heat pump, HVAC system for individually controlled, central heat, and AC. This property just 1/2 mile from the Lancaster County Public Boat Landing and pier "Greenvale Creek Landing", and near the full-service Yankee Point Marina, and Greenvale Marina. You also can buy all 8 duplexes [address are 103 (& 105), 153 (& 155), 183 (& 185), 264 (& 266) Kathy Drive] for $550,000. These properties are THE REAL INVESTMENT!!!

Features

1536 sq. ft. floor area
1.24 ac. lot size
Duplex

Estimated Value

We need at least 3 similar duplexes sold in Lancaster over the last 12 months.

Property history for 103 Kathy Dr

2020
Sold
$107,500
16 Mar 2020 by Jessica Cutler, of Melrose Plantation Real Estate

Happy sellers in Lancaster

94%
94% of sellers in Lancaster reported that their sale price either exceeded or met their price expectations.

Lancaster stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Lancaster over the last 12 months.

Local market activity for duplexes in Lancaster

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lancaster

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Diana Wolfson

Diana Wolfson is an award winning recommended agent for Lancaster.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  2 Reviews in Lancaster
  •  3 Sales in Lancaster
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Janice Bowry

Janice Bowry is a recommended agent for Lancaster.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (6 reviews)
  •  1 Review in Lancaster
  •  1 Sale in Lancaster
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Remmie Pittman

Remmie Pittman is a recommended agent for Lancaster.  They have 3 local sales across the last 12 months.

  •  3 Sales in Lancaster
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Katie and David Dew

Katie and David Dew is a recommended agent for Lancaster.  They have 2 local sales across the last 12 months.

  •   5   (22 reviews)
  •  2 Sales in Lancaster
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