110 Merifield Road, Willis, VA 24380
sale
$179,000
|
Other
Courtesy Of United Country Blue Ridge Land & Auctin Co Inc
Make an investment into a cash flowing rental property! Remodeled and updated this property offers 2 units, proven cash flow and is currently occupied with tenants who are on a month to month and agreeable to stay! Approximately 2,088 sq ft encompasses the entire structure. The lower unit features 1 BDR & BTH with an enclosed rear porch. Upper unit offers 2 BDR & 1 BTH. Split units supply both heat and air to each individual unit. Exterior of the building was remodeled in 2021 and interior completed in 2022. Larger well pump installed in 2023. Since remodel completion, the units have been consistently occupied by tenants making this a proven cash flow investment. The property cash flows approximately $24,600 annually. Property is located less than a half hour drive to Floyd and Hillsville VA.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Cooling System: Multi Units
- Cooling System: Wall Unit(s)
- Exterior Type: Block
- Heating System: Ductless (Heating)
- Legal Description: WILLIS PLAT 10/1102
- MLSID: 422256
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