Wonderful opportunity to invest in an income producing apartment complex in Bassett. This building has twelve total units that are all on one level with no steps. All units are one bedroom, one bath, with a large living room, kitchen and eating area. One unit has been completelyremodeled from top to bottom (see pics) and several more have updated flooring, paint and bathrooms. This property has plenty of parking and the units rent almost immediately when they come available. Call Grant to schedule showings. Tenants require 72 hour notice.
Sold for $510,000 on 11/26/24
$510,000
638 Melrose Dr, Bassett, VA 24055
--beds
--baths
7,200sqft
Apartments
Built in 1982
-- sqft lot
$518,200 Zestimate®
$71/sqft
$894 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 02, 2024 at 01:13am
Listed by:
Grant Cockrell 540-580-8232,
RE/MAX ALL STARS
Bought with:
Non Member Transaction Agent
Non-Member Transaction Office
Source: RVAR,MLS#: 911552

Facts & features
Interior
Heating
- Baseboard Electric
Cooling
- Window Unit(s)
Features
- Has basement: No
Interior area
- Total structure area: 7,200
- Total interior livable area: 7,200 sqft
Property
Parking
- Parking features: Private (10 or More)
Lot
- Size: 1.19 Acres
Details
- Parcel number: 28.5(022)000/054.5565
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartments
Materials
- Brick
- Foundation: Slab
Condition
- Completed
- Year built: 1982
Utilities & green energy
- Electric: 0 Phase
- Sewer: Public Sewer
- Water: Public
Green energy
- Green verification: Green Building Cert
Community & neighborhood
Community
- Community features: Laundry Facility
Location
- Region: Bassett
- Subdivision: N/A