$1,575,000

319 Main St, West Point, VA 23181

  • 8,742 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $180/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Additional Photos To Come! 10-Unit Multi-Family Investment in Charming Downtown West Point Rare opportunity to acquire a well-maintained 10-unit apartment building in the heart of downtown West Point. Ideally located in a charming and walkable community near shops, dining, and the riverfront, this property benefits from exceptional rental demand due to the limited supply of apartment housing in the area. Most units have been recently renovated, each offering 2 bedrooms and 1 full bath with spacious layouts that appeal to long-term tenants. All units are individually metered for electricity, with one master water meter for easy management. Major capital improvements include a new roof, reducing future maintenance expenses. This property presents a true value-add opportunity, as current rents are under market and can be increased with minimal updates to capture the area’s strong rental demand. With stable occupancy and significant upside potential, this building is an excellent addition to any investment portfolio.

Listing Status:
Active
Listing Office:
EXP Realty LLC : (804) 729-5188
Listing Agent:
Kristin Buyalos : 804-922-7839
MLS ID:
2523295
  • Heating: Heat Pump
  • Roofing: Shingle
  • General: Brick2
  • Originating MLS: CVR
  • County: King William
  • Zoning: D ST LOTS 154 155 & 156 4TH AND MAIN STREET69-A1-14-154
  • Water: Public
  • Sewer: Public Sewer
  • Source: CVR
  • Ownership: Investment

This listing courtesy of Kristin Buyalos, EXP Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Point Elementary School

1060 Thompson Ave, West Point, VA, 23181

Grades PK-5

1.98 miles away

W

West Point Middle/High

2700 Mattaponi Ave, West Point, VA, 23181

Grades 6-12

1.98 miles away

W

West Point Middle/High

2700 Mattaponi Ave, West Point, VA, 23181

Grades 6-12

1.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.