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110 Merifield Rd

Willis, VA 24380
  • $179,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 97404
UPDATED: 73 min ago
$179,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,088
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

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.

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© 2024 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christy Wood Team | Solutions Real Estate. Data last updated: 2024-10-12T07:11:21.01.
www.christywood.com/homes/155868366
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110 Merifield Rd Willis, VA 24380

  • Price: $179,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 73 min ago
  • MLS #: 97404
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,088
SQFT
$86
$/SQFT
Neighborhood:
Floyd County
County:
Floyd
Area:
Floyd County
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.
Exterior Features

Building Exterior Metal Siding Exterior Features Other-See Remarks Roof Metal Style Building Wood Frame

Interior Features

Air Conditioning Mini Split Floors Vinyl Heating System Mini Split Interior Features Other-See Remarks

Property Features

Additional Structures none Building Age 49 County Taxes 504.00 Current Use Other Equipment Leased none Gross Income 24600.00 Lot Number 6245 Net Income 24600.00 Property Description Other-See Remarks Property Type Multi Use Building Sewer Septic System Sprinkler System None Tax Map Number 062-45 Tax Year 2024 Utilities Separate Meters Water Sewer Well Zoning n/a

Listing information © 2024 Southwest Virginia Association of REALTORS®
Listing provided courtesy of Levi Cox of United Country Blue Ridge- Floyd: 5407452005.


© 2024 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christy Wood Team | Solutions Real Estate. Data last updated: 2024-10-12T07:11:21.01.
 
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