Description
171 Market St,
Marion,
VA
24354
Investment property opportunity in the town of Marion. Located directly off exit 45 from 81, including public utilities, separate water and electric meters for each unit, and a low maintenance outdoor area. 4, 2 bed 1 bath apartment units on the top floor with new decking and concrete sidewalks. 9, indoor, conditioned self-storage units on the main floor, protected with door code and camera system. Apartments rent for $850/month and are all occupied. Storage units range from 80-100 a month and run about 70% occupied. NOI includes a 10% management fee, $60-80 in electric for the storage units/hall light for apartments, pest control, and minimal ground maintenance. Great opportunity for a turn key investment property that is already managed. Call today for more info.
This is an Active listing.
Broker Office Phone Number: 276-228-8882
Copyright © 2024Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Refrigerator
- Vinyl Flooring
- Heat Pump
- Wall or Window Air Conditioner(s)
Listing By: BHHS- Mountain Sky Properties, Wytheville via Data Source: Southwest Virginia Association of Realtors
Single Family Homes
Property type
Marion Elementary
Schools
Marion Elementary
Elementary
Marion
Middle
Marion Senior
High
Price History
date | price | variance | type |
---|
8/31/2024 | $395,000 | - | Listed |
listing agent: Christopher Fox