Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9994996

Lot Acreage: 1.20000

Living Area: 0

Year Built:1962

Elementary School: Wise Elementary

Middle School: L. F. Addington

High School: Central (Wise, Va)

Public Remarks: Investment opportunity in the heart of Wise! This 5-unit apartment complex sits on over an acre of land and offers incredible potential for investors looking to expand their portfolio or create long-term passive income. Conveniently located near UVA Wise, local schools, shopping, dining, and other amenities, this property is perfectly positioned to attract steady rental demand. The property does need some TLC, making it an excellent value-add opportunity for the right buyer. One unit previously experienced a fire and will require rehabilitation, while one unit is currently occupied and producing income. With the remaining units ready for updates and improvements, the possibilities are endless for increasing rental income and overall property value. Whether you're looking to renovate and maximize cash flow, create student housing, or hold as a long-term investment, this property offers location, acreage, and income potential all in one package. Don't miss your chance to bring this multi-family property back to life in one of Wise's most convenient locations!

Listing Courtesy:Park Hill Realty Group, LLC

More Listing Info:

AC:Window Unit(s): true

Contract Info:Foreclosure: No

Easements:None12: true

Exterior Finish:Brick4: true

Flooring:Laminate: true

General Property Description:Acres: 1.2

General Property Description:Elementary School3: Wise Elementary

General Property Description:High School3: Central (Wise, Va)

General Property Description:HOA YN: No

General Property Description:Lot Dimensions: 1.2

General Property Description:Middle School2: L. F. Addington

General Property Description:Total Units: 5

General Property Description:Zoning2: RB

Heating:Electric: true

Location Tax Legal Info:City Taxes: 580.91

Location Tax Legal Info:County Taxes: 1379.31

Parking Features:Driveway: true

Remarks Misc:Directions3: From Inn at Wise. Turn left onto Birchfield RD. Make a left onto Dale ST. Property on left

Remarks Misc:Public Remarks7: Investment opportunity in the heart of Wise! This 5-unit apartment complex sits on over an acre of land and offers incredible potential for investors looking to expand their portfolio or create long-term passive income. Conveniently located near UVA Wise, local schools, shopping, dining, and other amenities, this property is perfectly positioned to attract steady rental demand. The property does need some TLC, making it an excellent value-add opportunity for the right buyer. One unit previously experienced a fire and will require rehabilitation, while one unit is currently occupied and producing income. With the remaining units ready for updates and improvements, the possibilities are endless for increasing rental income and overall property value. Whether you're looking to renovate and maximize cash flow, create student housing, or hold as a long-term investment, this property offers location, acreage, and income potential all in one package. Don't miss your chance to bring this multi-family property back to life in one of Wise's most convenient locations!

Roof:Metal3: true

Sewer:Public Sewer: true

Structure Type:Multi Family: true

Style:See Remarks40: true

TopographyLot Description:Level2: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 2

Unit 1:SqFt6: 3429

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 2

Unit 3:# Bathrooms3: 1.0

Unit 3:# Bedrooms5: 2

Unit 4:# Bathrooms2: 1.0

Unit 4:# Bedrooms6: 2

Water:Public: true