Courtesy: Shaheen Ruth Martin & Fonville
Heather Placer Mull
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!
Dillwyn is located in Virginia. Dillwyn, Virginia has a population of 570. Dillwyn is more family-centric than the surrounding county with 35.43% of the households containing married families with children. The county average for households married with children is 25.23%.
The median household income in Dillwyn, Virginia is $48,790. The median household income for the surrounding county is $49,841 compared to the national median of $69,021. The median age of people living in Dillwyn is 44.5 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 23.8 degrees. The average rainfall is approximately 43.5 inches per year, with 12.9 inches of snow per year.
