3004 Fork Mountain Rd Rocky Mount, VA 24151
Estimated payment $1,387/month
Total Views
23
--
Bed
--
Bath
1,344
Sq Ft
$186
Price per Sq Ft
About This Home
Value-add mobile home park with expansion potential! Situated on nearly 7 acres, this 7-unit property includes 5 mobile home lots, a 3BR/2BA single-family home, and a 2-car garage--all primed for increased cash flow. Several tenants are below market rent, and with utilities in place, there's room to add more units and boost income (subject to subdividing). A solid investment for those looking to unlock upside through strategic improvements and repositioning. Owner /Agent
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $729
Year Built
- Built in 1984
Lot Details
- 6.95 Acre Lot
Home Design
- 1,344 Sq Ft Home
Schools
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Heat Pump System
- Shared Well
- Electric Water Heater
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- 4 Leased Units
- Electric Expense $400
- Insurance Expense $1,800
- New Taxes Expense $728
- Operating Expense $1,500
- Gross Income $16,260
- Net Operating Income $13,000
Map
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Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
10/14/2025 10/14/25 | For Sale | $249,900 | -- | $186 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Source: Roanoke Valley Association of REALTORS®
MLS Number: 921857

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