216 College ST
$247,950
216 College ST
Martinsville, VA 24112
Property Type
Residential Income
Year Built
1930
Lot Size
0.58 acres
Garage

About This Property

Income producing investment opportunity with established rental history and strong tenant demand. This well-maintained property offers consistent cash flow, efficient operating expenses, and long-term upside. Ideal for buy-and-hold investors or portfolio expansion. Convenient location near downtown, employment, and local amenities supports stable occupancy. A solid investment opportunity in a growing rental market. Property can be bought as a package deal with 402 College St, 612 E Church St and 29 Broad St.

Property Details

Interior

Exterior & Lot

Lot Size
0.58 acres
Year Built
1930

Location

Subdivision
N/A
County
City of Martinsville
ZIP Code
24112

Financial

Listing Terms
Annual Taxes
$2,184

Utilities

Utilities
Sewer
Public Sewer

Schools

Elementary
Other - See Remarks
Middle School
Other - See Remarks
High School
Other - See Remarks

Interior Features

Heating

Baseboard Electric, Baseboard Gas

Cooling

None, Window Unit(s)

Location

Listing Information

MLS #
924339
Listing Agent
JESSICA TAYLOR NEZBETH
Listing Office
KEYSTONE REALTY OF ROANOKE LLC
Listed Date
May 23, 2026
Megan Eberle
Megan Eberle
REALTOR®, Sales Associate

Contact Megan Eberle About This Property

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