Commercial for Sale: 110 Merifield RD, Willis, VA 24380

$179,000
$179,000
110 Merifield RD, Willis, VA 24380
$179,000
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Price:
$179,000
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Type Commercial
Lot Size 0.14 acres
Year Built 1975
Taxes Paid $504
City Willis
County Floyd County
School District 1100 - Floyd County
MLS 911280
Status Active
DOM 56 days
Make an investment into a cash flowing rental property! Remodeled and updated this property offers 2 units, proven cash flow andis 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

Lot & Building Features

Cooling Other - See Remarks
Heating Other - See Remarks
Tax ID 6245
Taxes Paid $504

Price History of 110 Merifield RD, Willis, VA

Date Name Price Difference
09/26/2024 Listing Price $179,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of SHEILA STATES
Direct: 540-314-5668
Office
1202 ELECTRIC RD, SUITE A
SALEM, VA 24153
540-387-5800
Listed by U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD, LEVI COX
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110 Merifield RD (MLS #911280) is a commercial listing located in Willis, VA. This commercial listing is on a lot of 6,098 sqft (or 0.14 acres) and is 49 years old. This property was listed on 09/26/2024 and has been priced for sale at $179,000.

Nearby zip codes are 24091. This property neighbors other cities such as Floyd.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD