Movoto Real Estate
Sold on 03/16/2020

183 Kathy Dr, Lancaster, VA 22503

$107,500

Last sold 03/16/2020 after 132 Days

  • bed

  • bath

  • 1,536

    Sqft ($70/Sqft)

Multi-family not for sale

About 183 Kathy Dr

Property type Multi-family
Neighborhood
Year built 2003
HOA fee $0/month
Lot size 0.83 Acre
Property description
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 of 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 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!!!
Listed by
Listing Agent - Jessica Cutler
Listing Office - Melrose Plantation Real Estate
Source: Chesapeake Bay & Rivers Association of REALTORS® mls logo
MLS#1935918 • last updated 1 year ago
Movoto checked Chesapeake Bay & Rivers Association of REALTORS® for data 12 minutes ago
Overview
Levels/Style One, 1, 1, Other
Mls # 1935918
Status Closed
Subtype Duplex
Living Area 1536
Type Residential Income
Lot Size Units Acres
Lot Size (Acres) 0.83
Lot Size 0.83
Prop Tax 752
Year Built 2003
Interior
Basement Crawl Space
Appliances Electric Water Heater
Interior Features BedroomOnMainLevel, EatInKitchen, LaminateCounters
Exterior
Exterior Features Paved Driveway
Patio/ Porch RearPorch, Deck, FrontPorch
Fencing None
Roof Composition, Shingle
Construction Block, Drywall, Concrete, VinylSiding
Parking Desc Driveway, NoGarage, Paved
Lot Desc Level
Amenities / Utilities
Sewer/ Septic Septic Tank
Water Source CommunityCoop, SharedWell
Location
County Lancaster
Subdivision None
Elementary School Lancaster
Middle School Lancaster
High School Lancaster
Apn 20J-1-15
Zoning R1
Directions From Richmond, Take I-95N. Take Exit 75 For 64E. Take Exit 192 To US-360E. Turn Right Onto VA-3E. Turn Right Onto VA-354S. Turn Right Onto Thomas Landing Rd. Turn Right Onto Kathy Dr. House Is On The Left.
Multifamily Details
Total # Of Units 2
Gross Income 15600
We are not permitted to show value estimates for this property.
  • Mar 2020
    mls logo MLS # 1935918
  • Mar 16, 2020 Sold
    $107,500
  • Mar 16, 2020 Sold
    $107,500 (-23.2%)
  • Feb 2, 2020 Pending
  • Nov 5, 2019 Listed
    $140,000
  • Nov 5, 2019 Listed
    $140,000
  • Nov 2019
    mls logo MLS # 1935886
  • Nov 4, 2019 Listed
    $140,000
  • Oct 2018
    mls logo MLS # 1835568
  • Oct 8, 2018 Listed
    $140,000 (+100.0%)
  • Dec 2016
    mls logo MLS # 1639733
  • Dec 11, 2016 Listed
    $70,000 (-48.9%)
  • Oct 2007
    Public Records
  • Oct 4, 2007 Sold
    $137,000
  • Year Property taxes Tax assessment
  • 2024
    $1,117 +54.1%
    $203,000 +76.52%
  • 2023
    $725
    $115,000
  • 183 Kathy Dr
    $107K
  • 110 - Lancaster
  • 22503
    $525K -7% y/y
  • Lancaster
    $525K -7% y/y
No chart available
Statistics calculated by Movoto

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2/10
Lancaster Primary School
public Grades K-4
Lancaster County Public Schools
2/10
Lancaster Middle School
public Grades 5-7
Lancaster County Public Schools
6/10
Lancaster High School
public Grades 8-12
Lancaster County Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

Around 110 - Lancaster

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