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$109,950
2 bd
1 ba
843 sqft
402 College ST
Martinsville, VA 24112
99 days on market
Property Type
Residential
Year Built
1940
Lot Size
—
Garage
—
About This Property
Appraised @ $120,000. Tenant-Occupied, Income-Producing Investment Opportunity in Martinsville
Turnkey rental property with established tenant and immediate cash flow at 402 College St in Martinsville, VA. This well-maintained investment offers consistent rental income, efficient operating expenses, and strong long-term upside in a market with proven tenant demand.
The property is currently tenant occupied, providing investors with instant income from day one--no vacancy, no leasing delays. Its functional layout and low-maintenance features make it ideal for buy-and-hold investors seeking reliable returns and portfolio stability.
Conveniently located near downtown Martinsville, employment centers, shopping, and local amenities, this property benefits from a location that supports ongoing rental demand and stable occupancy.
This is an excellent opportunity for both new and experienced investors looking to expand their portfolio with a performing asset.
Package opportunity available: Property can be purchased individually or as part of a portfolio including 216 College St, 612 E Church St, and 29 Broad St, offering scale, diversification, and increased cash flow potential. Investment properties with tenants in place and proven income history are in high demand--schedule your showing and secure this opportunity today.
Turnkey rental property with established tenant and immediate cash flow at 402 College St in Martinsville, VA. This well-maintained investment offers consistent rental income, efficient operating expenses, and strong long-term upside in a market with proven tenant demand.
The property is currently tenant occupied, providing investors with instant income from day one--no vacancy, no leasing delays. Its functional layout and low-maintenance features make it ideal for buy-and-hold investors seeking reliable returns and portfolio stability.
Conveniently located near downtown Martinsville, employment centers, shopping, and local amenities, this property benefits from a location that supports ongoing rental demand and stable occupancy.
This is an excellent opportunity for both new and experienced investors looking to expand their portfolio with a performing asset.
Package opportunity available: Property can be purchased individually or as part of a portfolio including 216 College St, 612 E Church St, and 29 Broad St, offering scale, diversification, and increased cash flow potential. Investment properties with tenants in place and proven income history are in high demand--schedule your showing and secure this opportunity today.
Property Details
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 843 sqft
Exterior & Lot
- Year Built
- 1940
Location
- Subdivision
- N/A
- County
- City of Martinsville
- ZIP Code
- 24112
Financial
- Listing Terms
- Annual Taxes
- $924
Utilities
- Utilities
- Sewer
- Public Sewer
Schools
- Elementary
- Other - See Remarks
- Middle School
- Other - See Remarks
- High School
- Other - See Remarks
Interior Features
Appliances
Heating
Heat Pump Gas
Cooling
Central Air
Patio & Porch Features
Lot Features
Location
Listing Information
- MLS #
- 924341
- Listing Agent
- JESSICA TAYLOR NEZBETH
- Listing Office
- KEYSTONE REALTY OF ROANOKE LLC
- Listed Date
- May 23, 2026
Contact Brian Deacon About This Property
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