284 Farmers Mountain RD, Gretna, VA 24557
284 Farmers Mountain RD, Gretna, VA 24557
284 Farmers Mountain RD, Gretna, VA 24557
Listed by LISA MARIE SANTACATERINA REAL BROKER LLC - MCLEAN
$325,000
Est. payment /mo
$374,900
13.3%
Est.Price: ?

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SOLD DATE : 10/30/2025

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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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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