79 Ridgemont CIR, Collinsville, VA 24078
- 6,300 sqft
Multi-Family Home
Built in 1984
1.3acre lot
16 car garage
$99/sqft
Listed 15 days ago
Property Description
Newly renovated 8 unit apartments, one bedroom, one bath each in a private setting in the Collinsville area of Henry County, VA. Renovations include luxury vinyl plank flooring, fresh paint, and new fixtures. Roof replaced in 2022-2023 per previous owner. Schools, shopping, hospital and two colleges are within 10 miles. Easy commute north to Roanoke (45 min) , south to Greensboro, NC (1 hr) and east to Danville, VA (30 min). As renovations are being completed now, the units are vacant. The income listed is based on projected rent of $750 per unit or $72K annually. Minimal expenses include real estate taxes, insurance, PSA water & sewer and dumpster of approximately $10K per year. Income producing laundry room included. lot size, rents and expenses are estimated. Buyer to verify.
- Listing Status:
- Active
- Data Last Updated:
- April 5, 2026 at 4:21AM
- Listing Office:
- SOUTHERN VIRGINIA PROPERTIES : (276) 299-2166
- MLS ID:
- 925582
- County: Henry County
- Zoning: 40.3(055 )000B/01011
This listing courtesy of SOUTHERN VIRGINIA PROPERTIES
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
G.W. Carver Elementary School
220 Trott Cir, Martinsville, VA, 24112
Grades PK-5
2.34 miles away
Fieldale-Collinsville Middle School
645 Miles Rd, Collinsville, VA, 24078
Grades 6-8
0.46 miles away
Bassett High School
85 Riverside Dr, Bassett, VA, 24055
Grades 9-12
2.93 miles away
