1429-31 Spruce Street

Martinsville, VA 24112

$1,590,000
Price
4
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Very well maintained 12 unit apartment building! 4 apartments in lower level have 2 bed/1 bath and the 8 townhome apartments are 2 bed/1.5 baths. Easy access to Danville/ Greensboro/ Roanoke from the bypass. Close to shopping and restaurants! To be sold with 1202 Bethel Lane. Can be split up. Call for more details. Sqft. /lot size est. Information taken from tax assessment and/or seller.Very well maintained 12 unit apartment building! 4 apartments in lower level have 2 bed/1 bath and the 8 townhome apartments are 2 bed/1.5 baths. Easy access to Danville/ Greensboro/ Roanoke from the bypass. Close to shopping and restaurants! To be sold with 1202 Bethel Lane. Can be split up. Call for more details. Sqft. /lot size est. Information taken from tax assessment and/or seller.
  1. Listed by CATHY SPENCER • THE SPENCER GROUP REAL ESTATE & AUCTION INC

Property Details for 1429-31 Spruce Street

Zoning
SR
Subdivision Name
N/A
Covered Spaces
0.0
LISTING UPDATED: 01/02/2025 01:44 PM

Property Details for 1429-31 Spruce Street

StatusActive
MLS #909560
Days on Market79
Taxes$2,279 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1977
Lot Size1.39 AC / 60,548 SF
CountyHenry County

Building Information for 1429-31 Spruce Street

Stories-Residences12Year Built1977Building Size-Lot Size1.39 AC / 60,548 SF

Property Information for 1429-31 Spruce Street

Summary
Location and General Information
  • Directions: From Mulberry Rd. turn onto Spruce St. then right onto Spruce St. Ext. Bldgs on the left.
  • MLS Area Major: 1300 - City of Martinsville
  • City: Martinsville
  • State Or Province: VA
  • Postal Code: 24112
  • County Or Parish: City of Martinsville
  • MLS Area Minor: 1300 - City of Martinsville
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 42.9(012)000/024A, X
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract Or Section: 0
  • Tax Amount: $2,279
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $2,279
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Other - See Remarks
  • Middle Or Junior School: Other - See Remarks
  • High School: Other - See Remarks
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (10 or More)
Property
Lot Information
  • Lot Size Acres: 1.39
  • Lot Size Area: 1.39
  • Lot Size Dimensions: 1.391
  • Lot Size Units: Acres
  • Lot Size Square Feet: 60548.4
  • General Property Description - Total Acreage: 1.39
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1977
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
Utilities
  • Sewer: Public Sewer
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
Interior Features
  • Heating: Heat Pump
  • Basement: Full Basement
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Heating: Yes
  • General Property Description - Basement: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 12.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
  • General Property Description - # Leased Units: 12
Income & Expenses
  • Gross Scheduled Income: $100,800
  • Operating Expense: $0
  • General Property Description - Gross Income: $100,800
  • Gross Income: $100,800
  • Net Operating Income: $0
Unit 1
  • Units Total: 4
  • Beds Total: 2
  • Furnished: 1
  • Stories: 0
  • Parking: Refrigerator
  • Rent: Range Electric
Unit 2
  • Units Total: 8
  • Beds Total: 2
  • Furnished: 1
  • Stories: 1
  • Parking: Refrigerator
  • Rent: Range Electric
Rental
Rental Information
  • Tenant Expenses - All Utilities: Yes

Property History for 1429-31 Spruce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Similar Homes

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Similar Sold Homes

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1429-31 Spruce Street is a multi-family home for sale in Martinsville, VA 24112. This property was listed for sale on July 26, 2024 by THE SPENCER GROUP REAL ESTATE & AUCTION INC, it's currently listed at $1,590,000. This listing's school district is Henry County Public Schools. 1429-31 Spruce Street is a 4-bed, 0-bath, multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of THE SPENCER GROUP REAL ESTATE & AUCTION INC, CATHY SPENCER

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.