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Patricia Anne Lane 148 Patricia Anne Ln 4 Unit Apartment Building $495,000 ($123,750/Unit) Appomattox, VA 24522



Investment Highlights
- Quality brick construction
- Convenient town location
- Paved parking
- All utilities are separately metered for each apartment
Executive Summary
Multi Family opportunity in the Town of Appomattox. This property consists of four apartment units in two well-built and professionally maintained brick duplexes located on a .30 acre parcel. The duplexes feature paved parking, public water and sewer, and an easily accessible, central location in town. All four units are two bedrooms with one full bath. The second floor units have their own private entrance and stairway to the apartment. The first floor apartments are both on grade with the sidewalk. The units have electric heat and air. The electricity and water are separately metered, owner provides landscaping. Offered for the first time in nearly twenty years, this attractive property represents a great opportunity to purchase a quality and well located residential investment in the growing town of Appomattox.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $495,000 | Building Class | C |
| Price Per Unit | $123,750 | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 3,400 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1995/2015 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | B-3 - Multi Family Zoning - Town of Appomattox | ||
| Price | $495,000 |
| Price Per Unit | $123,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1995/2015 |
| Opportunity Zone |
Yes |
| Zoning | B-3 - Multi Family Zoning - Town of Appomattox |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Patricia Anne Lane | 148 Patricia Anne Ln
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