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579 Botetourt Rd
Fincastle, VA 24090
Multifamily Property For Sale · 8 Units

PROPERTY FACTS

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

PROPERTY TAXES

Parcel Number
60-112A
Land Assessment
$54,300
Improvements Assessment
$287,500
Total Assessment
$341,800
  • Listing ID: 15226231

  • Date on Market: 2/20/2019

  • Last Updated:

  • Address: 579 Botetourt Rd, Fincastle, VA 24090

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