29 Broad ST, Martinsville, VA 24112
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Listed by TRAVIS HILL KEYSTONE REALTY OF ROANOKE LLC
$489,950
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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 931851

HOA Y/N No

Year Built 1935

Annual Tax Amount $3,144

Acres 0.44

Property Sub-Type MultiFamily

Source Roanoke Valley Association of REALTORS®

Property Description

Appraised @ $530,000 Income producing investment opportunity with established rental history and strong tenant demand. There are 5 dwelling rental units, 1 commercial unit along with 16 storage units 2 are currently rented . The storage units bring additional income to help the cash flow. This property offers efficient operating expenses and long-term upside. Ideal for buy-and-hold investors or portfolio expansion. Convenient location near downtown, employment, and local amenities supports stable occupancy. A solid investment opportunity in a growing rental market

Location

State VA

County City Of Martinsville

Area 0.44

Direction From downtown Martinsville, take Broad St to 29 Broad St. Property on right.

Interior

Heating Radiator - Gas Heat

Cooling Window Unit(s)

Fireplace No

Exterior

Garage No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Other - See Remarks

Middle Schools Other - See Remarks

High Schools Other - See Remarks

Others

Tax ID Tax ID: 33 (03 )N


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MLS of Roanoke Valley, Inc. (RVAR) - IDX

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Lisa Santacaterina

Lisa Santacaterina

+1(540) 988-3434

Broker Associate License ID: 0225244158

Broker Associate License ID: 0225244158

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