Tremendous value add opportunity! Stabilized multifamily property with potential for rent increases. Many renovations done over last few years; turn key property! Three bedroom units have washer/dryer hookup; central laundry area for the two bedroom units. 28 (2bed/1 bath) units and 12 (3 bed/1.5 bath) units. Up to eight additional units possible (buyer to check with county and do all due diligence). Units have stayed steady rented with a waiting list. Rare opportunity to purchase a cash flow investment with great upside!
Property Details
Property Features
Property Information:
Architectural Style: Two Story, Low Rise
Year Built: 1986
Stories: 2
Living Area: 50,000 SqFt
Listing Office:
Office Name: Shaheen Ruth Martin & Fonville
Office Email: info@srmfre.com
Listing Agent: Heather Placer Mull
Interior Features
Interior Information:
Appliances: Electric Water Heater
Basement: No
Lot Features
Lot Information:
Lot Size: 5.00 Acres
Other
Directions Information:
Directions: US Highway 15 west; left on Brickyard Drive, right to end of street
Price Information
Listing Price Info
Price Summary:
List Price: $4,650,000
Price Per SqFt: $93/SqFt
Tax Information:
Annual Amount: $9,380
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Buckingham County Elementary School
40 Frank Harris Rd
Distance between this listing and this school1.23 miles
Public District Grades 3-5
4
/10
Cumberland Elementary School
60 School Rd
Distance between this listing and this school12.54 miles
Public District Grades PK-4
5
/10
Scottsville Elementary School
7868 Scottsville Rd
Distance between this listing and this school19.18 miles
Public District Grades PK-5
Nearby Schools
3
/10
Buckingham County Middle School
1184 High School Rd
Distance between this listing and this school2.01 miles
Public District Grades 6-8
3
/10
Cumberland Middle School
16 School Rd
Distance between this listing and this school12.48 miles
Public District Grades 5-8
3
/10
Prince Edward Middle School
35 Eagle Dr
Distance between this listing and this school19.55 miles
Public District Grades 5-8
Nearby Schools
4
/10
Buckingham County High School
78 Knights Rd
Distance between this listing and this school2.42 miles
Public District Grades 9-12
4
/10
Cumberland High School
15 School Rd
Distance between this listing and this school12.51 miles
Public District Grades 9-12
2
/10
Prince Edward County High School
35 Eagle Dr
Distance between this listing and this school19.46 miles
The neighbors living near this home have an average income of $35,556. Residents of Dillwyn, VA typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
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This home is located at 221 Brickyard Dr in Dillwyn, VA and zip code 23936. This 50,000 square foot home, which was built in 1986, sits on a 5.00 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $4,650,000.
In November 2024, from all listings sold in Dillwyn, VA there were more than 2 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. The number of listings in Dillwyn, VA increased by 6.9% between October 2024 and November 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $300,000.
From Rocket Homes Real Estate and based on county public records data.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
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