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108 Kitten Lane, Rural Retreat, VA 24368

Rural Retreat
Local realty services provided by:CENTURY 21 Prime Properties, Inc.
108 Kitten Lane,Rural Retreat, VA 24368
$650,000
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  • - Beds
  • - Baths
  • 10,000 sq. ft.
  • Multi-family
  • Active
Listed by: christopher fox
Office: bhhs- mountain sky properties, wytheville
MLS#:109883
Source:VA_SWVAR

Price summary

  • Price:$650,000
  • Price per sq. ft.:$65

About this home

Excellent investment opportunity with strong existing cash flow and room to grow. This 3.86-acre multi-family property features a total of 7 income-producing units plus 2 additional tenant-owned mobile homes providing lot rent income. The property includes two duplexes totaling four 2-bedroom, 1-bath units, along with three mobile homes consisting of two 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. All units are individually metered with public water and sewer already in place, making management efficient and straightforward. Current gross annual income is approximately $73,800 with an NOI of approximately $66,105. Situated directly on Route 11, the location offers excellent accessibility, just 3 minutes from Exit 60 off Interstate 81 and only 10 minutes from Wytheville. The expansive acreage provides a tremendous opportunity for future development or expansion, with plenty of additional space for more units or improvements. Whether you're looking to expand your portfolio...

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Home facts

  • Year built:1970
  • Listing ID #:109883
  • Added:1 day(s) ago
  • Updated:May 02, 2026 at 02:37 PM

Rooms and interior

  • Kitchen Description:Refrigerator
  • Basement Description:Crawl Space
  • Living area:10,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:1970
  • Building area:10,000 sq. ft.
  • Lot area:3.68 Acres
  • Construction Materials:Brick, Vinyl Siding
  • Exterior Features:Fence

Schools

  • High school:Rural Retreat
  • Middle school:Rural Retreat
  • Elementary school:Rural Retreat

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$65
  • Tax amount:$2,467 (2025)

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