101 N Marion Ave Covington ( Virginia, US - 24426) Built

SALE PENDING $65,000

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Sterling Properties & Management, LLC

David Stull Broker/Owner (540) 462-3770 (Office) Request More Info

Apartment House - Covington, VA
Type: Residential
Bedrooms: 3
Bathrooms: 2
Size: 2,024 sq. ft.
Lot Size: 0.14 acres
Year Built: 1930
Taxes: $422.40 (2022)
MLS #: 137381

Description

Looking for an investment property in Covington with a good renter already occupying the space? Look no further! Add this great investment opportunity to your portfolio today!

Highlights

Interior Features: Flooring: Wood
Exterior Finish: Vinyl Siding
Heating: Natural Gas
Appliances: Range - Electric, Refrigerator
Lot Features: Porch

Population

Total population	13,386
Male population	6,493
Female population	6,893
Median age	45.30
Median age (male)	44.70
Median age (female)	45.50

Marital status (Number of people who have the following marital status)

Never married	2,964
Married	6,063
Separated	246
Widowed	921
Divorced	1,256

Population by age

Under 15	2,182
Age 15 to 24	1,438
Ages 25 to 44	3,023
Ages 45 to 64	3,942
Age 65 and over	2,801

Population mobility

Live in the same house as 1 year ago	12,739
Moved from abroad	0
Moved from a different state	65
Moved from the same county	152
Moved from the same state	363

Population by poverty level

Above poverty level	11,359
Below poverty level (daily income under $1.90/day)	1,827

Employment

White collar	3,908
Blue collar	1,978

Class of worker

Self employed	383
Private company	4,038
Not for profit company	483
Government workers	982

Households

Total households	5,839
Family households	3,559
Non-family households	2,280
Households with children	1,611
Households without children	4,228
Average people per household	2.25

Education (Number of people who have achieved the following levels of education)

No high school	253
Some high school	5,374
Some college	3,272
Associate degree	1,003
Bachelors degree	856
Graduate degree	611

Income/Financial

Average household income	$62,372
Median household income	$47,469
Median income under 25	$33,558
Median income 25-44	$50,132
Median income 45-64	$54,493
Median income over 65	$39,861

Housing occupancy

Housing units	7,164
Occupied housing units	5,839
Owner occupied units	4,786
Renter occupied units	1,053
Median housing costs per month	$562
Median gross rent per month	$695

Housing by year built

Year built median	1964
Built before 1939	1,418
Built between 1940 and 1949	934
Built between 1950 and 1959	889
Built between 1960 and 1969	832
Built between 1970 and 1979	746
Built between 1980 and 1989	877
Built between 1990 and 1999	678
Built between 2000 and 2009	702
Built after 2010	88

Housing mortgage situation

Houses with mortgage	1,929
Houses without mortgage	2,857
Median value with mortgage	$122,100
Median value without mortgage	$89,400

Demographic data shown in this section was gathered from the 2021 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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Information is deemed to be correct but not guaranteed.