FOR SALE

1405 Satterfield Drive Emporia, VA 23847

www.forsalebyowner.com/23719955

Excellent Investment/Development Potential!
  • Listing ID 23719955
  •  
  • $280,000
  • For Sale
  •  
  • 1405 Satterfield Drive
  • Emporia, VA 23847
  •  
  • 8 beds, 6 baths
  • Multi-Family

Contact The Owner

  • Mike
 

About this Property

Bedrooms:
8
Year Built:
1988
Amenities:
Fireplace, Central AC, Carpeted Floors, Appliances Included, Central Heating, Deck/Porch
Bathrooms:
6
School District:
N/A
Floors:
2.0
Garage Size:
0.0
Sq. Footage:
3300
Lot Size:
4.70 Acre(s)
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 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.

 

FOR SALE

1405 Satterfield Drive Emporia, VA 23847

www.forsalebyowner.com/23719955