Looking for passive income? Look no further than this renovated 6 unit multifamily investment property in Uptown Martinsville, walking distance to restaurants, shops, the library, YMCA, Virginia Museum of Natural History, and more! Market value for rent in this area is $950-$1,050. Five of the six units have been renovated. Unit 1 is being rented for $950 Unit 2 has not been renovated, as it is occupied by a tenant who has been there for 13 years and pays $550, but the unit is in good condition and is well taken care of by the tenant. Unit 3 is being rented on a month to month for $750 so tenant can stay or go. Owner is accepting rental applications, so additional units might be occupied in the near future. Don't miss this amazing investment opportunity. Call today!
Price: | $400,000 |
Address: | 612 Church |
Location: | Martinsville, VA 24112 |
Bed/Bath: | 0 Bedrooms / 0 Baths |
Size: | 5310 Square Feet |
Estimated Payment: |
$2,076 Per Month* Based on a 30-year fixed rate of 6.75% with 20% down. |
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© 2025 Martinsville MLS RETS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MVMLS. Real estate listings held by IDX Brokerage firms other than Rives S. Brown, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed.
Data last updated: Tuesday, May 13, 2025. Listing courtesy of KW Martinsville.