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Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 914601
Sold Date 10/30/25
HOA Y/N No
Year Built 1993
Annual Tax Amount $1,041
Acres 0.91
Property Sub-Type MultiFamily
Source Roanoke Valley Association of REALTORS®
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 0.91
Zoning R1
Direction From Route 40 turn onto Farmers Mountain Road, building is on the RIGHT.
Rooms
Basement Slab
Interior
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace No
Exterior
Garage Spaces 12.0
Total Parking Spaces 12
Garage No
Building
Foundation Slab
Sewer Private Septic
Water Private Well
New Construction No
Schools
Elementary Schools Gretna Elementary
Middle Schools Gretna Middle
High Schools Gretna High
Others
Tax ID 2520-58-2754
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Lisa Santacaterina
Broker Associate | License ID: 0225244158
Broker Associate License ID: 0225244158



