Homes for sale - 110 Merifield Rd, Willis, VA 24380

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Brian Chapman

soldbychapman@gmail.com +1(423) 268-6575

$ 179,000

2,088 SqFt

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$ 179,000

Save Virtual Tour

2,088 SqFt

Key Details

Property Type Commercial

Sub Type Multi Use Building

Listing Status Active

Purchase Type For Rent

Square Footage 2,088 sqft

MLS Listing ID 97404

Tax Year 2024

Property Sub-Type Multi Use Building

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.

Location

State VA

County Floyd County

Area Floyd

Direction From the Town of Floyd - Floyd Hwy S - after passing the Willis Village Mart the property will be on the right at the intersection of Merifield Rd

Interior

Interior Features Other-See Remarks

Heating Mini Split

Cooling Mini Split

Flooring Vinyl

Heat Source Mini Split

Exterior

Exterior Feature Metal Siding

Parking Features Metal

Utilities Available Separate Meters

Amenities Available Other

Roof Type Metal

Building

Building Description Metal Siding, Metal Siding

Faces From the Town of Floyd - Floyd Hwy S - after passing the Willis Village Mart the property will be on the right at the intersection of Merifield Rd

Sewer Septic System

Water Well

Structure Type Metal Siding

Others

Virtual Tour https://tour.usamls.net/110-Merifield-Rd-Willis-VA-24380/unbranded

Listed by United Country Blue Ridge- Floyd

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(423) 268-6575

soldbychapman@gmail.com

7121 Regal Ln Suite 215, Knoxville, TN, 37918, United States

110 Merifield Rd Willis, VA 24380