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579 Botetourt Rd
Fincastle, VA 24090
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 4,171 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1890 |
| Building Class | C | Parking Ratio | 1.92/1,000 SF |
| Lot Size | 3.86 AC | ||
| Zoning | R3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.86 AC |
| Building Size | 4,171 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1890 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | R3 |
ABOUT 579 BOTETOURT RD , FINCASTLE, VA 24090
Located just outside of downtown Fincastle, this historic property boasts 7 units in the primary building & a +/- 1,300 SF farmhouse rental home on 3.86 acres with direct frontage on US 220. Situated in a quaint rural landscape, the offering includes a duck pond, black walnut trees & plenty of open green space & parking. Despite its rural setting, the property lies in the path of progress for Botetourt County less than 10 miles from thriving Daleville Town Center & Greenfield Business Park where Ballast Point East Coast Distribution Headquarters are located along with several other notable employers. The units boast lots of historic charm with potential for value add through continued cosmetic upgrades & separately metering the electrical systems. Land may also offer development potential.
PROPERTY TAXES
| Parcel Number | 60-112A | Improvements Assessment | $287,500 |
| Land Assessment | $54,300 | Total Assessment | $341,800 |
PROPERTY TAXES
