110 Merifield Rd Active Save Request In-Person Tour Request Virtual Tour
Willis,VA 24380
$ 179000
- Bed
- Bath
2088 SqFt
Key Details
Property Type Commercial
Sub Type Multi Use Building
Listing Status Active
Purchase Type For Rent
Square Footage 2,088 sqft
MLS Listing ID 97404
Tax Year 2024
Property Description
Make an investment into a cash flowing rental property! Remodeled and updated this property offers 2 units, proven cash flow and is currently occupied with tenants who are on a month to month and agreeable to stay! Approximately 2,088 sq ft encompasses the entire structure. The lower unit features 1 BDR & BTH with an enclosed rear porch. Upper unit offers 2 BDR & 1 BTH. Split units supply both heat and air to each individual unit. Exterior of the building was remodeled in 2021 and interior completed in 2022. Larger well pump installed in 2023. Since remodel completion, the units have been consistently occupied by tenants making this a proven cash flow investment. The property cash flows approximately $24,600 annually. Property is located less than a half hour drive to Floyd and Hillsville VA.
Location
State VA
County Floyd County
Area Floyd
Direction From the Town of Floyd - Floyd Hwy S - after passing the Willis Village Mart the property will be on the right at the intersection of Merifield Rd
Interior
Interior Features Other-See Remarks
Heating Mini Split
Cooling Mini Split
Flooring Vinyl
Heat Source Mini Split
Exterior
Exterior Feature Metal Siding
Garage Metal
Utilities Available Separate Meters
Amenities Available Other
Roof Type Metal
Building
Building Description Metal Siding, Metal Siding
Faces From the Town of Floyd - Floyd Hwy S - after passing the Willis Village Mart the property will be on the right at the intersection of Merifield Rd
Sewer Septic System
Water Well
Structure Type Metal Siding