1355 W Ridge Rd. Active

Wytheville,VA 24382

$ 600000

- Bed

- Bath

7344 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,344 sqft

Price per Sqft $81

MLS Listing ID 99010

Style Block,Brick,T1-11,Vinyl Siding

Year Built 1960

Tax Year 2024

Lot Size 1.320 Acres

Property Sub-Type Multi-Family Other

Property Description

Located in a prime area and within 1 mile of the Wytheville Hospital and numerous medical facilities, 1355 W Ridge Rd is a lucrative 11-unit mobile home park offering diverse income-producing potential. This property consists of 1 charming single-family home, 1 duplex with additional unfinished storage space, 6 single-wide units, 1 double-wide unit, and 1 tenant-owned single-wide on lot rent – all but one currently with tenants in place, ensuring steady cash flow from day one. With public utilities already in place and a paved entryway with ample parking, the park offers various opportunities for visionary investors – whether you're looking to renovate, change-use, or hold for long-term returns as-is. The location is ideal – tucked in a desirable area with easy access to local amenities, transportation, and more. Whether you're an experienced investor or looking to start building your real estate portfolio, 1355 W Ridge Rd is a must-see property offering solid income and exciting future possibilities.

Location

State VA

County Wytheville

Area Wythe

Zoning R1

Interior

Hot Water Electric

Heating Baseboard,Forced Air,Heat Pump,Mini Split

Cooling Central Air,Mini Split,None

Fireplaces Type None

Equipment Range/Oven,Refrigerator

Laundry Main Level

Exterior

Exterior Feature Block,Brick,T1-11,Vinyl Siding

Garage Description 300

Waterfront Description Pond

View None

Roof Type Metal,Shingle

Building

Building Description Block,Brick,T1-11,Vinyl Siding, Block,Brick,T1-11,Vinyl Siding

Sewer Public Sewer

Water Public

Structure Type Block,Brick,T1-11,Vinyl Siding

Schools

Elementary Schools Spiller

Middle Schools Scott Memorial

High Schools George Wythe

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