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Listing 5 out of 7
$595,000 For Sale
17 units | Multi Family Home
7.8 acres - MLS# 581124
Property Photo
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Description

INVESTMENT OPPORTUNITY: 17-unit affordable housing rental portfolio centrally located in Fairfield, VA at I-81 exit 200 provides strong cash flow and high occupancy. Portfolio is fully leased with the exception of two units down for renovation. Four separate tax map parcels total almost 8 acres with long frontage on U.S. Rt. 11. Priced aggressively to sell.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Rockbridge County
  • Zip Code: 24435
  • Year Built: 1930
  • Elementary School: Fairfield (Rockbridge)
  • Middle School: Maury River
  • High School: Rockbridge
  • Sq.Ft.: 10,410 sq ft
  • Units: 17 units
  • Lot Size: 7.8 acres
  • Zoning: A-1 Agricultural Limited
  • Access: Public Road
  • Air Conditioning: Central Ac, Heat Pump, None
  • Cable/Internet Available: Cable
  • Foundation: Concrete Block
  • Gross Rent: 7525
  • Heating: Baseboard, Forced Air, Natural Gas, Wood
  • Originating Board: GAAR
  • Sewer/Septic: Public Sewer
  • Unit 1: # Baths: 1
  • Unit 1: # Beds: 1
  • Unit 1: # Sqft: 500
  • Unit 1: # Units: 4
  • Unit 1: Type: 1 Bed Apt
  • Water: Public Water
Courtesy of JAMES WM. MOORE REAL ESTATE CO.

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Emma Drummond  | Long & Foster Real Estate | Emma: 540-466-1416   |  AskDrumUp@gmail.com
16 Gosnell Crossing  Suite 102 STAUNTON, VA 24401
Copyright © 2016. Emma Drummond   All Rights Reserved