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201 S Main Street, Gretna, VA 24557

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For Sale

$425,000

6 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 21-30 Years Old
    Age

Explore this Property

Investment opportunity! This two-story property features a retail space on the ground level and seven residential units on the second floor. The residential units consist of six efficiency apartments and one 1-bedroom unit. Each unit is equipped with washer/dryer connections, ranges, refrigerators, and insulated windows. Tenants enjoy the comfort of central air and heat, provided by separate heat pump. The main-level retail space, while currently vacant, offers a lease potential of $1,500.00 to $2,500.00 per month. It has oil heat and central air. Owner covers insurance, electricity for common areas, exterior maintenance, water/sewer, and property taxes. Showings for one apartment unit and the street-level retail space can be scheduled prior to contract signing. The remaining six residential units will be shown post-contract, with buyer approval required at the time of any inspections. Don't miss this unique opportunity to own a mixed-use property with great rental income potential!
MLS# 362917

Courtesy Of Dawson Ford Garbee & Co

(434) 385-0015

Property Features

  • Age
    21-30 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Block, Brick, Vinyl Siding
  • Floor Covering
    Carpet, Vinyl
  • Lot Size
    0.26 Acres

Map and Directions

Directions to 201 S Main Street, Gretna, VA 24557

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(434) 237-7777
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.