Property Listing No Longer Available for Sale

1043 Kents Ridge Road, Richlands, VA

Multi-family for Sale - $70,000 - 5,419 Sq. Ft. on 0.35 acres


Property Info

CIMLS#1042165
Location
  1043 Kents Ridge Road
  Richlands VA 24641
UpdatedJanuary 7th, 2020
TypeMulti-family
Price$70,000
Building5,419 Sq. Ft.
Land0.35 acres

Property Description

INVESTORS - GREAT INCOME POTENTIAL AND BEING SOLD BELOW ASSESSED VALUE!! Come take a look at this apartment building with over 5000 square feet located just off Veterans Drive on Kent's Ridge Road in Richlands. Most of the building is a blank slate and could be configured for 5-6 apartments that could potentially rent for $450 -$550 monthly or it could be used for retail, convenience store, etc. One apartment has recently been rented, none of them are currently rented. 6 cook stoves, 4 dishwashers, side by side refrigerator 12 sinks, cabinets, doors and a large stack of 2x4s are included in this sale. There are individual meters for some of the apartments but if more apartments were added, more meters would be needed. This property was once a gas and grocery. The gas tanks have been permanently suspended by Department of Environmental Quality who inspects them regularly. Water, sewer and power is through the town of Richlands.

All infomation subject to E&O. Some information from public records. Buyer or buyers agent to verify all information. Property is being sold "as is" "where is" without any guarantees or warranties. Gross & Net income is estimated.


Financials