11
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$625,000
Est. payment /mo
6,300 SqFt
Active
79 Ridgemont CIR Collinsville, VA 24078
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Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $99
MLS Listing ID 925582
Construction Status Completed
Year Built 1984
Annual Tax Amount $1,460
Lot Size 1.300 Acres
Acres 1.3
Property Sub-Type Apartments
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.
Location
State VA
County Henry County
Area 1400 - Henry County
Interior
Heating Other - See Remarks
Cooling Other - See Remarks
Exterior
Parking Features Private (10 or More)
Amenities Available Cable TV
Building
Sewer Private Septic
Water Public
Structure Type Brick
Construction Status Completed
Schools
Elementary Schools Other - See Remarks
Middle Schools Other - See Remarks
High Schools Other - See Remarks
Others
Tax ID 40.3(055 )000B/010 ,11
Listed by SOUTHERN VIRGINIA PROPERTIES
Nearby Locations
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