29 Broad St, Martinsville, VA 24112

$499,950

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List Price: $499,950
Days on Market: 3
Status: ACTIVE
MLS#: 931851
Lot Size (Acres): 0.44
Year Built: 1935

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Property Description

Appraised @ $530,000 Income producing investment opportunity with established rental history and strong tenant demand. There are 5 dwelling rental units, 1 commercial unit along with 16 storage units 2 are currently rented . The storage units bring additional income to help the cash flow. This property offers efficient operating expenses and long-term upside. Ideal for buy-and-hold investors or portfolio expansion. Convenient location near downtown, employment, and local amenities supports stable occupancy. A solid investment opportunity in a growing rental market

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Additional Information

Area: 1300 - City of Martinsville
Subdivision: N/A
Neighborhood: 1300 - City of Martinsville
Taxes: $3,144
Heating: Radiator(s)
Cooling: Window/Wall
Water: Public
Sewer: Public Sewer
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Other - See Remarks
Remarks: Appraised @ $530,000 Income producing investment opportunity with established rental history and strong tenant demand. There are 5 dwelling rental units, 1 commercial unit along with 16 storage units 2 are currently rented . The storage units bring additional income to help the cash flow. This property offers efficient operating expenses and long-term upside. Ideal for buy-and-hold investors or portfolio expansion. Convenient location near downtown, employment, and local amenities supports stable occupancy. A solid investment opportunity in a growing rental market