402 S College ST, Martinsville, VA 24112
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402 S College ST, Martinsville, VA 24112
402 S College ST, Martinsville, VA 24112
402 S College ST, Martinsville, VA 24112
402 S College ST, Martinsville, VA 24112
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Listed by TRAVIS HILL KEYSTONE REALTY OF ROANOKE LLC
$ 109,950
Est. payment /mo
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402 S College ST Martinsville, VA 24112

2 Beds

1 Bath

843 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 843 sqft

Price per Sqft $130

MLS Listing ID 931176

Style Cottage

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1940

Annual Tax Amount $924

Lot Size 843 Sqft

Lot Dimensions 4256

Property Sub-Type Residential

Source Roanoke Valley Association of REALTORS®

Land Area 843

Property Description

Appraised @ $120,000. Tenant-Occupied, Income-Producing Investment Opportunity in Martinsville Turnkey rental property with established tenant and immediate cash flow at 402 College St in Martinsville, VA. This well-maintained investment offers consistent rental income, efficient operating expenses, and strong long-term upside in a market with proven tenant demand. The property is currently tenant occupied, providing investors with instant income from day one--no vacancy, no leasing delays. Its functional layout and low-maintenance features make it ideal for buy-and-hold investors seeking reliable returns and portfolio stability. Conveniently located near downtown Martinsville, employment centers, shopping, and local amenities,
this property benefits from a location that supports ongoing rental demand and stable occupancy.
This is an excellent opportunity for both new and experienced investors looking to expand their portfolio with a performing asset.

Location

State VA

County City Of Martinsville

Direction From downtown Martinsville, take College St to 402 College St. Property on right.

Rooms

Basement Dirt Floor

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air - Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator, Electric Range, Built-In Microwave Oven

Laundry Entry Level, Lower Level, Other Level, Upper Level

Exterior

Garage No

Building

Lot Description Level, Sloped Down

Story 1 Story

Sewer Public Sewer

Water Public

Architectural Style Cottage

New Construction No

Schools

Elementary Schools Other - See Remarks

Middle Schools Other - See Remarks

High Schools Other - See Remarks

Others

Tax ID 42 (18 )00 /09A


MLS of Roanoke Valley, Inc. (RVAR) - IDX
Jeff Davis

Jeff Davis

Broker License ID: 0226020947

+1(434) 548-6039

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402 S College ST