81-302 Duplex Ln, Ararat, VA 24053

$1,650,000
17,786
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,650,000
Status
ACTIVE
MLS#
141773
Living Area
17,786
Lot Size (Acres)
16
Year Built
1971

Property Description

Discover a prime investment opportunity in the Ararat community of Patrick County, just minutes from the City of Mt. Airy, NC. This property includes three brick ranch homes and 16 duplexes, each equipped with a range, refrigerator, washer, and dryer. In 2020, all units received new roofs and gutters, along with numerous updated heat pumps and other improvements. The three brick ranch homes each feature three bedrooms. The duplexes comprise four three-bedroom units, eleven two-bedroom units, and one one-bedroom unit. This excellent location is within walking distance of Blue Ridge Elementary School and Dan River Park. Additionally, the property spans over 16 acres, offering ample space for future expansion.

Additional Information

Subdivision
Ararat
Stories
1
Interior Features
Ceiling Fans
Flooring
Carpet, Vinyl
Heating
Forced Air, Heat Pump
Cooling
Central Air, Heat Pump
Roof
Metal
Water
Well
Sewer
Septic Tank

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EDD MARTIN AND ASSOCIATES.