112 Dale ST, Wise, VA 24293
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112 Dale ST, Wise, VA 24293
112 Dale ST, Wise, VA 24293
112 Dale ST, Wise, VA 24293
112 Dale ST, Wise, VA 24293
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112 Dale ST Wise, VA 24293

3,429 SqFt


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,429 sqft

Price per Sqft $58

MLS Listing ID 9994996

Style See Remarks

HOA Y/N No

Year Built 1962

Lot Size 1.200 Acres

Acres 1.2

Lot Dimensions 1.2

Property Sub-Type Multi Family

Source Tennessee/Virginia Regional MLS

Property Description

Investment opportunity in the heart of Wise! This 5-unit apartment complex sits on over an acre of land and offers incredible potential for investors looking to expand their portfolio or create long-term passive income. Conveniently located near UVA Wise, local schools, shopping, dining, and other amenities, this property is perfectly positioned to attract steady rental demand.

The property does need some TLC, making it an excellent value-add opportunity for the right buyer. One unit previously experienced a fire and will require rehabilitation, while one unit is currently occupied and producing income. With the remaining units ready for updates and improvements, the possibilities are endless for increasing rental income and overall property value.

Whether you're looking to renovate and maximize cash flow, create student housing, or hold as a long-term investment, this property offers location, acreage, and income potential all in one package. Don't miss your chance to bring this multi-family property back to life in one of Wise's most convenient locations!

Location

State VA

County Wise

Area 1.2

Zoning RB

Direction From Inn at Wise. Turn left onto Birchfield RD. Make a left onto Dale ST. Property on left

Interior

Heating Electric, Electric

Cooling Window Unit(s)

Flooring Laminate

Heat Source Electric

Exterior

Parking Features Driveway

Roof Type Metal

Topography Level

Building

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Structure Type Brick

Schools

Elementary Schools Wise Elementary

Middle Schools L. F. Addington

High Schools Central (Wise, Va)

Others

Senior Community No

Tax ID 013403

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Robert Smith • Park Hill Realty Group, LLC

NEARBY SCHOOLS & PROPERTIES

Leann Mahaffey

Leann Mahaffey

Broker Associate | License ID: 333737

+1(423) 341-2200

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112 Dale ST