110 Merifield Rd, Willis, VA

$179,000

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2,088

Square feet

About 110 Merifield Rd

Make an investment into a cash flowing rental property! Remodeled and updated this property offers 2 units, proven cash flow and is currently occupied with tenants who are on a month to month and agreeable to stay! Approximately 2,088 sq ft encompasses the entire structure. The lower unit features 1 BDR & BTH with an enclosed rear porch. Upper unit offers 2 BDR & 1 BTH. Split units supply both heat and air to each individual unit. Exterior of the building was remodeled in 2021 and interior completed in 2022. Larger well pump installed in 2023. Since remodel completion, the units have been consistently occupied by tenants making this a proven cash flow investment. The property cash flows approximately $24,600 annually. Property is located less than a half hour drive to Floyd and Hillsville VA.

Features of 110 Merifield Rd

MLS® # 97404
Price $179,000
Bathrooms 0.00
Square Footage 2,088
Acres 0.00
Year Built 1976
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 110 Merifield Rd
Area Floyd County
City Willis
County Floyd
State VA
Zip Code 24380

Amenities

Utilities Separate Meters
Is Waterfront No
Has Pool No

Interior

Interior Features Other
Fireplace No
Has Basement No

Exterior

Exterior Features Other
Lot Description Other
Roof Metal
Construction Metal Siding, Frame

Additional Information

Zoning n/a
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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