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79 Ridgemont Cir, Collinsville, VA 24078

Collinsville
Local realty services provided by:CENTURY 21 ALL-SERVICE
79 Ridgemont Cir,Collinsville, VA 24078
$625,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: elle wilk
Office: southern virginia properties
MLS#:925582
Source:VA_RVAR

Price summary

  • Price:$625,000

About this home

Newly renovated 8 unit apartments, one bedroom, one bath each in a private setting in the Collinsville area of Henry County, VA. Renovations include luxury vinyl plank flooring, fresh paint, and new fixtures. Roof replaced in 2022-2023 per previous owner. Schools, shopping, hospital and two colleges are within 10 miles. Easy commute north to Roanoke (45 min) , south to Greensboro, NC (1 hr) and east to Danville, VA (30 min). As renovations are being completed now, the units are vacant. The income listed is based on projected rent of $750 per unit or $72K annually. Minimal expenses include real estate taxes, insurance, PSA water & sewer and dumpster of approximately $10K per year. Income producing laundry room included. lot size, rents and expenses are estimated. Buyer to verify.

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Home facts

  • Year built:1984
  • Subdivision & Development:N/A
  • Listing ID #:925582
  • Added:132 day(s) ago
  • Updated:July 29, 2026 at 03:30 PM

Structure and exterior

  • Year built:1984
  • Lot area:1.3 Acres
  • Construction Materials:Brick

Schools

  • High school:Other - See Remarks
  • Middle school:Other - See Remarks
  • Elementary school:Other - See Remarks

Utilities

  • Sewer:Private Septic

Finances and disclosures

  • Price:$625,000
  • Tax amount:$1,460

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