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100 Ridgeview Lane

Bassett, VA 24055
  • $3,850,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 74942
UPDATED: 59 min ago
$3,850,000
  • 0
    BEDS
  • 8.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 49,800
    SQFT
  • $77
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978

School Information

Elementary School:
Middle School:
High School:
Listing provided by Dustin Morris of Ivy Realty of Roanoke LLC: 5407773711

Description

66-unit multifamily with low maintenance brick exterior in Henry County. Additional income includes coin operated laundry equipment and internet subscription profit sharing with Comcast. All units sub metered for electricity. The current owners completed significant capital improvements to the property over the past 18 months including renovations on 75% of the units in order to increase the average rent from $430/unit to $677/unit. Additional due diligence materials available upon request. Listed by owner/agent. No interior inspections allowed until purchase contract is executed. Seller financing options available.

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© 2025 Dan River Region Assocation 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 Elizabeth Ware Realtors. Data last updated: 2025-11-11T20:54:34.123.
www.elizabethwarerealtors.com/homes/168865739
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100 Ridgeview Lane Bassett, VA 24055

  • Price: $3,850,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 59 min ago
  • MLS #: 74942
0
Beds
0
Baths
0
½ Baths
8.71
Acres
49,800
SQFT
$77
$/SQFT
1978
Built
Neighborhood:
No Subdivision
Area:
Henry/Franklin County
Elementary School:
Stanleytown
Middle School:
Fd Collinsville
High School:
Bassett
Property Description
66-unit multifamily with low maintenance brick exterior in Henry County. Additional income includes coin operated laundry equipment and internet subscription profit sharing with Comcast. All units sub metered for electricity. The current owners completed significant capital improvements to the property over the past 18 months including renovations on 75% of the units in order to increase the average rent from $430/unit to $677/unit. Additional due diligence materials available upon request. Listed by owner/agent. No interior inspections allowed until purchase contract is executed. Seller financing options available.
Exterior Features

Exterior Construction Brick Roof 1-5Composition

Interior Features

ACWater Heater Mini Split Floors Wall/Wall CarpetVinylMarble Heating System Wall Heater

Property Features

Building Type Attached Units Fuel Source Electric Miscellaneous Cable TVCommon Laundry FacilitiesCoin Laundry Monthly Insurance 1384.00 Monthly Maintenance 8250.00 Monthly Taxes 326.58 Owners Expense WaterSewerTrash Collection Parking Lot Rental Rate 500-750 Sewer Public Sewer Taxes 3839.00 Type Of Rental Annual Water Public Zoning SR

Listing provided by Ivy Realty of Roanoke LLC: 5407773711


© 2025 Dan River Region Assocation 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 Elizabeth Ware Realtors. Data last updated: 2025-11-11T20:54:34.123.
 
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Elizabeth Ware Realtors
1083 Franklin Turnpike
Danville VA, 24540
Listing provided by Dustin Morris of Ivy Realty of Roanoke LLC: 5407773711