319 Main ST, West Point, VA 23181
319 Main ST, West Point, VA 23181
319 Main ST, West Point, VA 23181
319 Main ST, West Point, VA 23181
319 Main ST, West Point, VA 23181
319 Main ST, West Point, VA 23181
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Brandon Jenkins

Brandon Jenkins

+1(804) 929-3459
$ 1,450,000
Est. payment | /mo

8,742 SqFt

Save
$ 1,450,000
Est. payment | /mo
Save

8,742 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,742 sqft

Price per Sqft $165

MLS Listing ID 2601231

Style Garden Home

Construction Status Renovated

HOA Y/N No

Year Built 1963

Lot Size 0.330 Acres

Acres 0.33

Property Description

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.

Location

State VA

County King William

Area 43 - King William

Interior

Heating Heat Pump

Exterior

Roof Type Shingle

Topography Level

Building

Lot Description Level

Building Description Brick, Multi-Tenant,No Elevators

Story 2

Sewer Public Sewer

Water Public

Architectural Style Garden Home

Level or Stories Two

Structure Type Brick

Construction Status Renovated

Others

Tax ID 69-A1-14-154

Ownership Investment

Central Virginia Regional MLS (CVR MLS)
Listed by EXP Realty LLC

Nearby Locations

Brandon Jenkins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(804) 929-3459

brandon.jenkins@jenkinsrealestategroup.com

9200 Center Oak Court Suite A, Mechanicsville, Virginia, 23116, USA

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319 Main ST