216 College ST, Martinsville, VA 24112
216 College ST, Martinsville, VA 24112
216 College ST, Martinsville, VA 24112
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$247,950
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3,270 SqFt
Price Dropped by $13K

216 College ST Martinsville, VA 24112

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Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 3,270 sqft

Price per Sqft $75

MLS Listing ID 924339

Construction Status Completed

Year Built 1930

Annual Tax Amount $2,184

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type Apartments

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. Property can be bought as a package deal with 402 College St, 612 E Church St and 29 Broad St.

Location

State VA

County City Of Martinsville

Area 1300 - City Of Martinsville

Interior

Heating Baseboard Electric, Baseboard Gas

Cooling None, Window Unit(s)

Exterior

Parking Features Private (1 - 9)

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl

Construction Status Completed

Schools

Elementary Schools Other - See Remarks

Middle Schools Other - See Remarks

High Schools Other - See Remarks

Others

Tax ID 32 (01 )N /34


Listed by KEYSTONE REALTY OF ROANOKE LLC

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Rusty Hubbard

Rusty Hubbard

Realtor

+1(540) 556-2476

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216 College ST