Keller Williams Lake Norman - Cornelius - Mallorie McClure
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Listing Courtesy Of: Keller Williams Realty Roanoke, 2767689539, Ryan Cummins
Local Realty Services Provided By: Keller Williams Realty Roanoke
Overview
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$600,000
1355 W Ridge Rd., Wytheville, VA 24382
7,344 sq ft
1.32 ac
$600,000

1355 W Ridge Rd., Wytheville, VA 24382

Estimation provided by Keller Williams Realty Inc.
7,344 sq ft
1.32 ac
Active
For Sale
Virtual Tour

Property Description

Located in a prime area and within 1 mile of the Wytheville Hospital and numerous medical facilities, 1355 W Ridge Rd is a lucrative 11-unit mobile home park offering diverse income-producing potential. This property consists of 1 charming single-family home, 1 duplex with additional unfinished storage space, 6 single-wide units, 1 double-wide unit, and 1 tenant-owned single-wide on lot rent – all but one currently with tenants in place, ensuring steady cash flow from day one. With public utilities already in place and a paved entryway with ample parking, the park offers various opportunities for visionary investors – whether you're looking to renovate, change-use, or hold for long-term returns as-is. The location is ideal – tucked in a desirable area with easy access to local amenities, transportation, and more. Whether you're an experienced investor or looking to start building your real estate portfolio, 1355 W Ridge Rd is a must-see property offering solid income and exciting future possibilities.

Property Details

Compare This Home
Overview
Property Type
Multi-Family Other
Property Size
7,344 sq ft
Year Built
1960
Days on Site
3 Days
HVAC
Cooling: Central Air, Mini Split, Heating: Baseboard, Forced Air, Heat Pump, Mini Split
Parking
Yes
Mallorie McClure at Keller Williams Lake Norman - Cornelius
Keller Williams Lake Norman - Cornelius
351949

Activity History

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0
Data provided by Keller Williams Realty, Inc.
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Estimated Monthly Payment

Purchase Price: $600,000
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
03/19/2025
Listed
$600,000
(+41.18%)
08/18/2021
Sold
$425,000
08/15/2018
Sold
$425,000
(+37.1%)
09/23/2009
Sold
$310,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2022
$1,095
(+11.35%)
$126,200
Land 51,500 + Additions 74,700
2021
$983.34
$182,100
Land 51,500 + Additions 130,600
2020
$983.34
(+9.96%)
$182,100
Land 51,500 + Additions 130,600
2017
$894.25
$182,500
Land 31,500 + Additions 151,000
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from Wytheville
Car-Dependent Walkable Very Walkable
Mallorie McClure at Keller Williams Lake Norman - Cornelius
Keller Williams Lake Norman - Cornelius
351949

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