171 Market St Active

Marion,VA 24354

$ 395000

- Bed

- Bath

4800 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $82

MLS Listing ID 96082

Style Block,Vinyl Siding

Year Built 1961

Tax Year 2023

Lot Size 0.309 Acres

Property Description

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.

Location

State VA

County Smyth County

Area Smyth

Zoning Commercial

Direction 81 South from wytheville, take exit 45, left off exit, left onto market, building on left.

Rooms

Basement Slab

Interior

Interior Features Dry Wall,Newer Paint,Vinyl Floors

Hot Water Electric

Heating Baseboard,Heat Pump

Cooling Wall/Window Unit

Fireplaces Type None

Equipment Range/Oven,Refrigerator

Window Features Insulated

Appliance Range/Oven,Refrigerator

Heat Source Baseboard,Heat Pump

Laundry Other-See Remarks

Exterior

Exterior Feature Block,Vinyl Siding

Waterfront None

Waterfront Description None

View None

Roof Type Rolled/Hot Mop

Building

Building Description Block,Vinyl Siding, Block,Vinyl Siding

Faces 81 South from wytheville, take exit 45, left off exit, left onto market, building on left.

Sewer Public Sewer

Water Public

Structure Type Block,Vinyl Siding

Schools

Elementary Schools Marion Elementary

Middle Schools Marion

High Schools Marion Senior

Others

SqFt Source Tax Card

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