BEDS0
BATHS
SQUARE FEET6,300
MLS#925582
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Newly renovated 8 unit apartments, one bedroom, one bath each in a private setting in the Collinsville area of Henry County, VA. Renovations include luxury vinyl plank flooring, fresh paint, and new fixtures. Roof replaced in 2022-2023 per previous owner. Schools, shopping, hospital and two colleges are within 10 miles. Easy commute north to Roanoke (45 min) , south to Greensboro, NC (1 hr) and east to Danville, VA (30 min). As renovations are being completed now, the units are vacant. The income listed is based on projected rent of $750 per unit or $72K annually. Minimal expenses include real estate taxes, insurance, PSA water & sewer and dumpster of approximately $10K per year. Income producing laundry room included. lot size, rents and expenses are estimated. Buyer to verify.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other - See Remarks
Heating: Other - See Remarks
Lot Size: 1.30 Acres
Taxes: $1,460
Year Built: 1984
Feature Descriptions
Area Amenities: Cable TV
Days on Site: 29
Exterior: Brick
Lot Dimensions: 1.30 acre(s)
Parking Notes: Private (10 or More)
Sewer: Private Septic
Units: 8
Water: Public
Listed By / Shown By
Listed By
Agency Name: SOUTHERN VIRGINIA PROPERTIES
Agency Phone: (276) 299-2166
Shown By
Agent Name: Stephanie Lawrence
Agent Phone: (540) 400-9350
Agency Title: MKB, REALTORS
Estimate Your Payment
Estimated Payment
$ 1,694.94 per month $1,390.98 Principal & Interest $121.67 Property Tax $182.29 Homeowner's InsuranceChange Payment Information
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79 Ridgemont Cir | MLS# 925582
This multi-family property located at 79 Ridgemont Cir, Collinsville, VA 24078 is currently listed for sale with an asking price of $625,000. Search Collinsville real estate on slawrence.mkbrealtors.com today.