221 Brickyard Drive

Dillwyn, VA 23936

$4,650,000
Price
Beds
50,000 Sq. Ft.
$93 / Sq. Ft.
50,000
Sq. Ft.
$93
per Sq. Ft.

Description

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...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!
  1. Listed by Heather Placer Mull • Brokerage DRE #226028318 • Shaheen Ruth Martin & Fonville
    P: (804)-288-2100 C: (804)-638-3330 heatherplacer@srmfre.com
  2. Listed by Ryder Mull • Shaheen Ruth Martin & Fonville
    P: (804)-350-5160 C: (804)-350-5160 rydermull@srmfre.com

Property Details for 221 Brickyard Drive

Architectural Style
Two Story, Low Rise
Community Features
Playground
Subdivision Name
None
Waterfront
No
LISTING UPDATED: 11/27/2024 10:27 AM

Property Details for 221 Brickyard Drive

StatusActive
MLS #2430747
Days on Market8
Taxes$10,823 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1986
Lot Size5.00 AC / 217,800 SF
CountyBuckingham County

Building Information for 221 Brickyard Drive

Stories2Residences-Year Built1986Building Size-Lot Size5.00 AC / 217,800 SF

Property Information for 221 Brickyard Drive

Summary
Location and General Information
  • City: Dillwyn
  • City Region: None
  • County Or Parish: Buckingham
  • Directions: US Highway 15 west; left on Brickyard Drive, right to end of street
  • Latitude: 37.543299
  • Longitude: -78.467326
  • Postal City: Dillwyn
  • Postal Code: 23936
  • Postal Code Plus4: 2862
  • State Or Province: VA
  • Unparsed Address: 221 Brickyard Dr
Taxes and HOA Information
  • Parcel Number: 125-3-2-0B
  • Tax Annual Amount: $10,822.80
  • Tax Assessed Value: $1,803,800.00
  • Tax Legal Description: RT 15 - DILLWYN LOT B 5 AC
  • Tax Lot: B
  • Tax Year: 2024
School Information
  • Elementary School: Buckingham
  • High School: Buckingham
  • Middle Or Junior School: Buckingham
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 50,000.00
  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
Property and Assessments
  • Number Of Units Total: 0
  • Type of Property: Residential Income
  • Property Sub Type: Multi Family, Low Rise
  • Property Type: Residential Income
  • Year Built: 1986
  • Year Built Details: Actual
  • CLIP: 9,312,631,844
  • Development Name: None
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Appliances: Electric Water Heater
  • Basement: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Levels: Two
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 221 Brickyard Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 221 Brickyard Drive

Taxable ValueLand$160,000Additions$1,643,800Total$1,803,800
Tax Record2024$10,823 ($902 / month)
Home Facts
Lot Size217,800 SqFtStyleMulti-Family Res (5+ Units)CountyBUCKINGHAMAPN125-3-2-0B

Schools near 221 Brickyard Drive

This home is within Buckingham County Public Schools.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Buckingham County Elementary School
Public3 to 5

Buckingham Co. Middle School
Public6 to 8

Buckingham County High School
Public9 to 12

Buckingham County Primary School
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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221 Brickyard Drive is a multi-family home for sale in Dillwyn, VA 23936. This property was listed for sale on November 24, 2024 by Shaheen Ruth Martin & Fonville, it's currently listed at $4,650,000. This listing's school district is Buckingham County Public Schools. Nearby schools include Buckingham County Elementary School, Buckingham Co. Middle School and Buckingham County High School. 221 Brickyard Drive is a 0-bed, 0-bath, 50,000 sqft multi-family home built in 1986.

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 Shaheen Ruth Martin & Fonville, Heather Placer Mull; Shaheen Ruth Martin & Fonville, Ryder Mull

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.