171 Market St Active Save Request In-Person Tour Request Virtual Tour
Marion,VA 24354
Key Details
Property Type Multi-Family
Sub Type Multi-Family Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $82
MLS Listing ID 96082
Style Block,Vinyl Siding
Year Built 1961
Tax Year 2023
Lot Size 0.309 Acres
Property Description
Investment property opportunity in the town of Marion. Located directly off exit 45 from 81, including public utilities, separate water and electric meters for each unit, and a low maintenance outdoor area. 4, 2 bed 1 bath apartment units on the top floor with new decking and concrete sidewalks. 9, indoor, conditioned self-storage units on the main floor, protected with door code and camera system. Apartments rent for $850/month and are all occupied. Storage units range from 80-100 a month and run about 70% occupied. NOI includes a 10% management fee, $60-80 in electric for the storage units/hall light for apartments, pest control, and minimal ground maintenance. Great opportunity for a turn key investment property that is already managed. Call today for more info.
Location
State VA
County Smyth County
Area Smyth
Zoning Commercial
Interior
Hot Water Electric
Heating Baseboard,Heat Pump
Cooling Wall/Window Unit
Fireplaces Type None
Equipment Range/Oven,Refrigerator
Laundry Other-See Remarks
Exterior
Exterior Feature Block,Vinyl Siding
Waterfront Description None
View None
Roof Type Rolled/Hot Mop
Building
Building Description Block,Vinyl Siding, Block,Vinyl Siding
Sewer Public Sewer
Water Public
Structure Type Block,Vinyl Siding
Schools
Elementary Schools Marion Elementary
Middle Schools Marion
High Schools Marion Senior