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575 Colonial Hill Dr Bassett, VA 24055

Sponsored
For Sale
$299,900

Multi-Family - Bassett, VA

Type:Multi Family
Days on Market:
5
Last Refresh:
Feb 21 at 9:06 pm

Property Features for 575 Colonial Hill Dr

General Information

Property type
Residential Multi Family
Property subtype
Multi Family
Standard status
Active

Building Details

Year built
1966
Floors in Building
1
Architectural style
Other

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Listing Contact
Tonya Bredamus

KW Martinsville (540) 208-6102

Listing agent Tonya Bredamus (276) 788-7653

Listing date Feb 17, 2026

MLS# 146827 Listing URL

Copyright © 2026 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Turnkey Multi-Family Investment Opportunity

This is a fully rented 5-unit multi-family rental complex generating $3,000 per month in rental income. All units are occupied, offering immediate, consistent cash flow. The property is located minutes from U.S. Route 220, providing tenants with access to Martinsville and Roanoke. It is an attractive location for commuters and long-term renters. Showings are held on Thursdays, Fridays, or Saturdays with 3 days notice for showing requests due to tenant occupancy. This property can be purchased separately or as part of a larger investment portfolio.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Accounting Firm Garden Center Discount Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bassett
County
Henry
State
Virginia
Longitude
-79.9378881
Latitude
36.7655479

FAQs

What type of property is this?
Apartment building - Fully rented 5-unit complex near US 220, generating $3,000/month.
Where is this apartment building located?
The property is located at 575 Colonial Hill Dr Bassett, VA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: - Fully rented 5-unit multi-family complex.; - Generates $3,000 per month in rental income.; - Turnkey investment opportunity with immediate cash flow.
More about this property
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