Tremendous value add opportunity! Stabilized multifamily property with potential for rent increases. Many renovations done over last few years; turn key property! Three bedroom units have washer/dryer hookup; central laundry area for the two bedroom units. 28 (2bed/1 bath) units and 12 (3 bed/1.5 bath) units. Up to eight additional units possible (buyer to check with county and do all due diligence). Units have stayed steady rented with a waiting list. Rare opportunity to purchase a cash flow investment with great upside! NOTE: PLEASE CONTACT LISTING AGENT BEFORE GOING; REPRESENTATION IS REQUIRED TO GO BY THE SITE - DO NOT TALK TO ANYONE ON SITE WITHOUT AN AGENT PRESENT.
For sale
Price cut: $150K (3/9)
$4,500,000
221 Brickyard Dr, Dillwyn, VA 23936
--beds
0baths
50,000sqft
Est.:
Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$90/sqft
$-- HOA
What's special
- 129 days
- on Zillow |
- 149 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 09, 2025 at 08:26am
Listed by:
Heather Placer Mull info@srmfre.com,
Shaheen Ruth Martin & Fonville,
Ryder Mull 804-350-5160,
Shaheen Ruth Martin & Fonville
Source: CVRMLS,MLS#: 2430747
Originating MLS: Central Virginia Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
Interior area
- Total interior livable area: 50,000 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5 Acres
Details
- Parcel number: 125320B
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story,Low Rise
- Property subtype: Multi Family
Materials
- Brick Veneer, Block
- Roof: Composition
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Playground
- Subdivision: None
Location
- Region: Dillwyn
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $1,803,800
- Annual tax amount: $10,822
- Date on market: 12/17/2024
- Ownership: Individuals
- Ownership type: Sole Proprietor
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