Excellent Rental Income Now & Future Development Potential!

1405 Satterfield Drive, Emporia, VA 23847

8 Beds
6 Baths
3,300 Sqft
Multi-family
Listing ID: 23719955

1405 Satterfield Drive, Emporia, VA 23847

8 Beds
6 Baths
3,300 Sqft
Multi-family
Listing ID: 23719955

Excellent Rental Income Now & Future Development Potential!

1405 Satterfield Drive, Emporia, VA 23847

8 Beds
6 Baths
3,300 Sqft
Multi-family
Listing ID: 23719955

Description

Four Unit Brick/Vinyl Apartment Building. Each unit has two bedrooms. Center units have 1 1/2 baths and fireplaces. Each unit has private deck. Central AC/Gas heat for each unit. Refrigerators and stoves convey. New vinyl and carpet flooring throughout. Excellent tenant history. Fully rented with leases in place. 14' x 24' support storage building in rear. Approximately 1/2 Acre pond in wooded rear portion of property. Priced way below Assessed Value, this property has a tremendous development potential for the right buyer. Plenty of room for additional multi-family development ( would require rezoning), or front acreage could be developed into 6-8 additional single family lots with the construction of 175-200 feet of roadway. Lots in this area have a selling value of approximately $25,000 each. Public water and sewer service is available at the site, although this building is connected to a deep well and has a working septic system in place.

Listing Facts

Interior Features

  • Stories: 2
  • Square Feet: 3,300
  • Bedrooms: 8
  • Bathrooms: 6
  • Additional Rooms: 3
    • MasterBath
    • DiningRoom
    • FamilyRoom
  • Floor Coverings
    • Carpet
    • LinoleumVinyl
  • Appliances
    • RangeOven
  • Heating & Cooling
    • Cooling: Central
    • Heating: Other
  • Interior Keywords:
    • Fireplace

Exterior Features

  • Built in: 1988
  • Structure Type: Multi-Family
  • Lot Size: 174,240 sqft
    • Off-street
  • Exterior Keywords:
    • Porch
    • Deck
    • Patio

Similar Homes Sold Nearby

Contact the seller.

Contact the seller
    • Mike
    • 434 637-1413
By sending, you agree to our Terms of Use & Privacy Policy
  • Neighborhood information provided by Onboard Informatics © 2015. Information deemed reliable but not guaranteed.
  • GreatSchools Ratings provided by GreatShools.net
  • Disclaimer: “School attendance zone boundaries are supplied by Onboard Informatics and are subject to change. Check with the school directly to verify enrollment eligibility.

Contact the seller.

Contact the seller
    • Mike
    • 434 637-1413
By sending, you agree to our Terms of Use & Privacy Policy
Your home could appear here