284 Farmers Mountain RD new

Gretna,VA 24557

$ 509999

- Bed

- Bath

4800 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $106

MLS Listing ID 914601

Year Built 1993

Annual Tax Amount $1,041

Lot Size 0.910 Acres

Property Sub-Type Apartments

Property Description

This single-level apartment building comprises 12 units, offering a blend of rental stability and potential for growth. Currently, 8 units are rented. Additionally, 2 units are vacant and renovated, promising future rental income without immediate renovation costs. The remaining 2 vacant units need renovation, presenting an opportunity to increase the building's value. Each apartment features an open layout between the kitchen and living area, creating a spacious feeling that appeal to tenants. This apartment building represents a great investment opportunity, combining immediate rental income, potential for increased returns, and the chance to add value through renovations. With the right vision, this property could become a cornerstone of a successful real estate portfolio.

Location

State VA

County Pittsylvania County

Area 1600 - Pittsylvania County

Zoning R1

Interior

Heating Baseboard Electric

Cooling Window A/C

Exterior

Parking Features Private (10 or More)

Building

Sewer Private Septic

Water Public Water

Structure Type Brick,Wood

Schools

Elementary Schools Gretna Elementary

Middle Schools Gretna Middle

High Schools Gretna High

Others

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