$405,000 Price Analysis   ♡   Martinsville, VA 24112 Unknown bed None bath 5,040 SqFt ($80/SqFt) 0.45 acre lot. Built 1929 Listed 2024-05-30, Taxes $83 | ✓ USDA Eligible near Martinsville, VA Restrictions may apply due to home size |
INVESTORS This 8 Unit apartmnt building is fully leased and 35 minutues from Danville!
In the Druid Hills subdivision, this apartment building is a tremendous investment opportinity for those looking to grow their portfolio.
Showings require 72 hr notice. Proof of funds or pre-approval required prior to scheduling. Property sold As Is. Please do not disturb tenants. Property sale includes two tax parc els.
Presented by Alexandra Lee Taylor at
MAC WESTLAND REAL ESTATE GROUP.
Property MLS #908053 from Roanoke
Cooling Features: Heat Pump Electric
Heating Features: Heat Pump Electric
Heating Features: Heat Pump Electric
Basement Description: Crawl Space
Garage Spaces: 19
Garage Description: Private (1 - 9)
Garage Description: Private (1 - 9)
Lot Size Acres: 0.45
Lot Size Square Feet: 19602
Lot Size Square Feet: 19602
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Number of Units: 8
Number of Units Leased: 8
Tenant Pays: Electricity, Water
Tenant Pays: Electricity, Water
Annual Tax Amount: 1985.00
Source Listing Status: Active
County: City of Martinsville
Directions: Church St E to Right on Starling Ave. Left on Mulberry Rd. Left on Spruce St. Building is on the right.
Source Property Type: MultiFamily
Inclusions: 48000.00
Area: 1300 - City of Martinsville
Source System Name: C2C
Source Listing Status: Active
County: City of Martinsville
Directions: Church St E to Right on Starling Ave. Left on Mulberry Rd. Left on Spruce St. Building is on the right.
Source Property Type: MultiFamily
Inclusions: 48000.00
Area: 1300 - City of Martinsville
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $8,000 $8,000 | $83 |
| 2021 | $unknown + $8,000 $8,000 | $83 |
| 2020 | $unknown + $8,000 $8,000 | $84 |
| 2019 | $unknown + $8,000 $8,000 | $84 |
Listed 2024-05-30
$405,000
Roanoke
Listed 2024-05-30
$405,000
Martinsville
Listing removed 2022-11-04
$0
Martinsville
Listed 2022-11-03
$290,000
Martinsville
$405,000
Roanoke
Listed 2024-05-30
$405,000
Martinsville
Listing removed 2022-11-04
$0
Martinsville
Listed 2022-11-03
$290,000
Martinsville
Net Operating Income: 43345.00
Total Square Feet Living: 5040
Year Built: 1929
Construction Materials: Brick
Property Age: 95
Property Condition: Completed
Structure Type: Apartments
Year Built: 1929
Construction Materials: Brick
Property Age: 95
Property Condition: Completed
Structure Type: Apartments
Sewer: Public Sewer
Water Source: Public Water
Water Source: Public Water
Patrick Henry Elementary School is a public elementary school located approximately 0.8 miles away.
Map directions
Map directionsMartinsville Middle School is a public middle school located approximately 1.5 miles away.
Map directions
Map directionsMartinsville High School is a public high school located approximately 1.5 miles away.
Map directions
Map directionsWhite Oak School is a private elementary, middle and high school located approximately 1.6 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.