NOT LISTED FOR SALE

393 Melrose Dr Unit 9 Bassett, VA 24055

-- Bed
2 Baths
10,000 Sq Ft
1 Acres

Last Sold August 23, 2021

Last sale price $295,000 $30 Per Sq Ft

75 Days on Market

Highlights

  • Outdoor Pool
  • Porch
  • Carpet
  • 43,560 Sq Ft lot
  • Cooling Available
  • Heat Pump System

About This Home

As of August 2021

Great investment property in Henry County. Three two-bedroom apartments and a six one-bedroom apartment. These apartments also have an indoor swimming pool if the new owner chooses to use it. Currently, it is not in operation. There are several covered parking spaces, a common area for gatherings or cookouts, plenty of paved parking, all have PSA water and sewer. Each has its own heating and cooling and electric meters. Conveniently located with easy access to Rt. 220. Many long-term tenants. Qualified buyers should give at least 48 hours' notice to view units.

Last Agent to Sell the Property

Edd Martin

EDD MARTIN AND ASSOCIATES REAL ESTATE Brokerage Phone: 2766945002 License #0225046717 Listed on: 05/20/2021

Last Buyer's Agent

Edd Martin

EDD MARTIN AND ASSOCIATES REAL ESTATE Brokerage Phone: 2766945002 License #0225046717 Listed on: 05/20/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 2 Bathrooms
  • 10,000 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Parking

  • 15 Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Bassett Subdivision

Listing and Financial Details

  • Total Actual Rent $8,100
  • Rent includes psa & garbage

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 1 ac.
  • Subdivision Name: Bassett
  • Directions: From Martinsville Take Virginia Ave. toward Bassett, turn left onto Melrose Drive across from Nelson Subaru. Units on the left.
  • Building Stories: 2
  • Year Built: 1983
  • Attribution Contact: 2766945002
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Finished, Partial
  • Flooring: Carpet, Vinyl
  • Living Area: 10000

Exterior Features

  • Pool Features: Swimming Pool
  • Construction Type: Brick
  • Patio And Porch Features: Porch
  • Property Condition: Good
  • Roof: Metal

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 15

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Psa & Garbage

Lot Info

  • Lot Size Sq Ft: 43560
  • Zoning: S-R Sub Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Total Actual Rent: 8100

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $295,000 0.0% $30 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $295,000 -- $30 / Sq Ft
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 135871