201 S Main St - Apartments FOR SALE


Gretna, VA 24557
$425,000 USD
434-841-0890
201 S Main St, Gretna, VA for Sale
$425,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

201 S Main St
Gretna, VA 24557


HIGHLIGHTS

  • Great rental income opportunity!

OVERVIEW

Investment opportunity! This two-story property features a retail space on the ground level and seven residential units on the second floor. The residential units consist of six efficiency apartments and one 1-bedroom unit. Each unit is equipped with washer/dryer connections, ranges, refrigerators, and insulated windows. Tenants enjoy the comfort of central air and heat, provided by separate heat pump. The main-level retail space, while currently vacant, offers a lease potential of $1,500.00 to $2,500.00 per month. It has oil heat and central air. Owner covers insurance, electricity for common areas, exterior maintenance, water/sewer, and property taxes. Showings for one apartment unit and the street-level retail space can be scheduled prior to contract signing. The remaining six residential units will be shown post-contract, with buyer approval required at the time of any inspections. Don't miss this unique opportunity to own a mixed-use property with great rental income potential!

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

1

PRICE/UNIT

$425,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

TZ

APN/PARCEL ID

2530-16-3949

ASK ABOUT THIS PROPERTY

Robert DawsonBerkshire Hathaway HS Dawson Ford GarbeeMore Info
434-841-0890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Robert DawsonBerkshire Hathaway HS Dawson Ford GarbeeMore Info
434-841-0890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.