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Listed by EDD MARTIN AND ASSOCIATES REAL ESTATE
$ 1,650,000
Est. payment /mo
Active
81-302 Duplex Lane Ararat, VA 24053
17,786 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,786 sqft
Price per Sqft $92
Subdivision Ararat
MLS Listing ID 141773
Year Built 1971
Lot Size 16.600 Acres
Property Sub-Type Multi Family
Property Description
Discover a prime investment opportunity in the Ararat community of Patrick County, just minutes from the City of Mt. Airy, NC. This property includes three brick ranch homes and 16 duplexes, each equipped with a range, refrigerator, washer, and dryer. In 2020, all units received new roofs and gutters, along with numerous updated heat pumps and other improvements. The three brick ranch homes each feature three bedrooms. The duplexes comprise four three-bedroom units, eleven two-bedroom units, and one one-bedroom unit. This excellent location is within walking distance of Blue Ridge Elementary School and Dan River Park. Additionally, the property spans over 16 acres, offering ample space for future expansion.
Location
State VA
County Patrick County
Area Patrick County
Rooms
Basement Crawl Space, Partial
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air, Heat Pump
Cooling Central-Electric, Heat Pump
Flooring Carpet, Vinyl
Fireplaces Type Electric, Oil
Appliance Electric Water Heater
Exterior
Parking Features Paved Drive
Garage Spaces 40.0
Utilities Available Utilities On
Roof Type Metal
Porch Porch
Building
Story 1
Sewer Septic Tank
Water Well
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