171 Market St Marion, VA 24354

Features

• Price/sqft: $82
• Lot Size: 0.309 acres
• Total Units: 13
• Total Rooms: 5
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
• Heating: Baseboard,Heat Pump

Facts

• Year Built: 01/01/1961
• Property ID: 914977730
• MLS Number: 96082
• Property Type: Multi-family (2-4 units)
• County: Smyth
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.