10624 Greensboro RD, Ridgeway, VA 24148
$975,000
Property Type:
Commercial
Lot Size (sq. ft.):
217,800
Status:
Closed
Current Price:
$975,000
List Date:
9/12/2024
Last Modified:
11/20/2024
Description
18 Unit apartment building convenient to Martinsville and Greensboro. Two buildings. Value-add opportunity. 13 of 18 units have been renovated, leaving 6 more to upgrade. All units 1BR/1BA. Recent upgrades to property since 2023, new roofs, newly hooked up to public water, 12 units renovated, parking lot sealed and striped, exterior paint, new gutters, landscaping, and more. Less than 3 miles from Press Glass Inc, which recently announced expansions and creation of 335 new jobs. Possibility for onsite laundry. Owner/Agent.
More Information MLS# 910857
General Property Description
Construction Status: Completed
Total Acreage: 5
Flood Area: No
Gross Lot SqFt: 217800
On site Parking: Yes
Water Class: N/A
Gross Building SqFt: 11000
Lease Available: No
Year Built: 1981
Location, Tax & Legal
Major Area: 14 - Henry County
Tax ID: TAX MAP 71.8(005)000/000 A,B,C AND 71.8(005)000/02
Annual Taxes: 2762
Area: 1400 - Henry County
Street Number: 10624
Street Name: Greensboro
Street Suffix: RD
State/Province: VA
Zip Code: 24148
Municipality: Henry County
Remarks & Misc
Directions: 220 S to Ridgeway towards NC. Apartment on right approximately 1 mile before NC state line.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Wood: 1
Commercial Type
Investment: 1
Business Type
Type of Business (Historical Field): MULTI FAMILY
Sale Includes
Building & Land: 1
Heating
Electric: 1
Cooling
Window Unit(s): 1
Water Description
Public: 1
Sewer Description
Private Septic: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Roof System
Shingle: 1
Floors
Carpet: 1
Vinyl: 1
Contract Information
Current Price: $975,000
Sold Price: $975,000
List Date: 2024-09-11
Status: Closed
Status Change Info
Ratified Contract Dt: 2024-09-20
Sold Date: 2024-11-18
Sold Price: $975,000
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment
Sale Includes: Building & Land
Construction: Brick; Wood
Roof System: Shingle
Heating: Electric
Cooling: Window Unit(s)
Floors: Carpet; Vinyl
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Private Septic
Water Heater Type: Tank
Water Heater Energy: Electric
Listing Office: HEADWATER REALTY LLC
Last Updated: November - 20 - 2024
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