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201 S Main St 1 Unit Apartment Building $593,266 CAD ($593,266 CAD/Unit) Gretna, VA 24557

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INVESTMENT HIGHLIGHTS

  • Great rental income opportunity!

EXECUTIVE SUMMARY

Investment opportunity! This two-story property features a retail space on the ground level and seven residential units on the second floor. The residential units consist of six efficiency apartments and one 1-bedroom unit. Each unit is equipped with washer/dryer connections, ranges, refrigerators, and insulated windows. Tenants enjoy the comfort of central air and heat, provided by separate heat pump. The main-level retail space, while currently vacant, offers a lease potential of $1,500.00 to $2,500.00 per month. It has oil heat and central air. Owner covers insurance, electricity for common areas, exterior maintenance, water/sewer, and property taxes. Showings for one apartment unit and the street-level retail space can be scheduled prior to contract signing. The remaining six residential units will be shown post-contract, with buyer approval required at the time of any inspections. Don't miss this unique opportunity to own a mixed-use property with great rental income potential! Please note that the year built was provided by Pittsylvania County. They have tax records for the property that go back to that year.

PROPERTY FACTS

Price $593,266 CAD
Price Per Unit $593,266 CAD
Sale Type Investment
No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 5,412 SF
No. Stories 2
Year Built 1993
Zoning TZ

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Range

SITE AMENITIES

  • 24 Hour Access
  • Walking/Biking Trails
  • Storage Space
  • Public Transportation
  • Private Bathroom
  • Walk-Up

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2530-16-3949
Land Assessment
$26,941 CAD
Improvements Assessment
$595,779 CAD
Total Assessment
$622,720 CAD
  • Listing ID: 38342943

  • Date on Market: 2025-11-05

  • Last Updated:

  • Address: 201 S Main St, Gretna, VA 24557

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