10624 Greensboro RD, Ridgeway, VA 24148

$975,000
Property Type: Commercial Lot Size (sq. ft.): 217,800 Status: Closed
Current Price: $975,000 List Date: 9/12/2024 Last Modified: 11/20/2024

Description

18 Unit apartment building convenient to Martinsville and Greensboro. Two buildings. Value-add opportunity. 13 of 18 units have been renovated, leaving 6 more to upgrade. All units 1BR/1BA. Recent upgrades to property since 2023, new roofs, newly hooked up to public water, 12 units renovated, parking lot sealed and striped, exterior paint, new gutters, landscaping, and more. Less than 3 miles from Press Glass Inc, which recently announced expansions and creation of 335 new jobs. Possibility for onsite laundry. Owner/Agent.

More Information MLS# 910857

Contract Information

Current Price: $975,000 Sold Price: $975,000 List Date: 2024-09-11 Status: Closed

General Property Description

Construction Status: Completed Year Built: 1981 Total Acreage: 5 Flood Area: No Gross Lot SqFt: 217800 On site Parking: Yes Gross Building SqFt: 11000 Lease Available: No Water Class: N/A

Location Legal Taxes

Area: 1400 - Henry County Street Number: 10624 Street Name: Greensboro Street Suffix: RD State/Province: VA Zip Code: 24148 Municipality: Henry County

Status Change Info

Ratified Contract Dt: 2024-09-20 Sold Date: 2024-11-18 Sold Price: $975,000

Business Type

Type of Business (Historical Field): MULTI FAMILY

Property Features

Limited Service: Not Limited Service Commercial Type: Investment Sale Includes: Building & Land Construction: Brick; Wood Roof System: Shingle Heating: Electric Cooling: Window Unit(s) Floors: Carpet; Vinyl Manufactured Homes: No HUD Tag Water Description: Public Sewer Description: Private Septic Water Heater Type: Tank Water Heater Energy: Electric
Listing Office: HEADWATER REALTY LLC
Last Updated: November - 20 - 2024
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