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216 College St, Martinsville, VA 24112

$247,950

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List Price: $247,950
Days on Market: 17
Status: PENDING
MLS#: 931175
Lot Size (Acres): 0.58
Year Built: 1930

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Property Description

Income producing investment opportunity with established rental history and strong tenant demand. This well-maintained property offers consistent cash flow, 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: $2,184
Heating: Electric Baseboard, Baseboard
Cooling: None
Water: Public
Sewer: Public Sewer
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Other - See Remarks
Remarks: Income producing investment opportunity with established rental history and strong tenant demand. This well-maintained property offers consistent cash flow, 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.