For Sale
$730,000

775 Franklin StWytheville, VA 24382

Fully occupied, prime investment.

Overview

Added:
Dec 11, 2024
Days on market:
115
This fully occupied five-unit apartment complex in Wytheville, VA, presents a compelling investment opportunity. Located at 775 W Franklin St, Wytheville, VA 24382, this Class C property, built in 2007, sits on a half-acre lot. Each of the five units boasts two bedrooms and two and a half bathrooms, featuring spacious master bedrooms and a single-car garage. Additional amenities include covered patios and guest parking. Separate electrical and water/sewer meters for each unit simplify management and billing. The property's current full occupancy ensures immediate rental income, making it an attractive, hassle-free investment. This well-maintained complex offers a strong return on investment. The asking price is $730,000. This income-producing property is ideal for investors seeking a steady stream of rental revenue. Don't miss this chance to acquire a turnkey multifamily investment in a desirable location.

Highlights

  • $730,000 asking price.
  • Five-unit apartment building in Wytheville, VA.
  • Class C multifamily property built in 2007.
  • 0.5-acre lot.
  • Fully occupied, generating immediate rental income.

Property Details for 775 Franklin St

Property type
Apartment buildings
Class
C
Year Built
2007
Lot Size (sq. ft)
21,780 SF
Units
5

Location Insight

City
Wytheville
County
Wythe
State
Virginia
Latitude
36.9432196
Longitude
-81.0877747
775 Franklin St, Wytheville, Virginia

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775 Franklin St
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