79 Ridgemont CIR, Collinsville, VA 24078
79 Ridgemont CIR, Collinsville, VA 24078
79 Ridgemont CIR, Collinsville, VA 24078
79 Ridgemont CIR, Collinsville, VA 24078
79 Ridgemont CIR, Collinsville, VA 24078
79 Ridgemont CIR, Collinsville, VA 24078
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Robert Lindamood

Robert Lindamood

+1(540) 300-5508
Listed by ELLE WILK SOUTHERN VIRGINIA PROPERTIES
$ 625,000
Est. payment | /mo
Save
$ 625,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 925582

HOA Y/N No

Year Built 1984

Annual Tax Amount $1,460

Acres 1.3

Lot Dimensions 1.3 acres appx

Property Sub-Type MultiFamily

Source Roanoke Valley Association of REALTORS®

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 1.3

Direction From Rte 220S to Bus-Rte220S to Right at 5th Ave, Left at Belmont St which turns into Longview St, Left at Ridgemont Circle, property at end of circle.

Interior

Heating Other - See Remarks

Cooling Other - See Remarks

Fireplace No

Exterior

Garage Spaces 16.0

Total Parking Spaces 16

Garage No

Building

Sewer Private Septic

Water Public

New Construction No

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

MLS of Roanoke Valley, Inc. (RVAR) - IDX

Nearby Locations

Robert Lindamood

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 300-5508

robertlindamoodrealtor@gmail.com

937 Old Court Lane , Roanoke, VIRGINIA, 24015, Roanoke, Virginia, 24015, USA

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79 Ridgemont CIR