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500 E Main St
Dublin, VA 24084

The Banner House · Multifamily Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.30 AC
Building Size 3,700 SF
Average Occupancy 100%
No. Stories 2
Year Built 1950
Parking Ratio 2.7/1,000 SF

About 500 E Main St , Dublin, VA 24084

One of the most historic buildings in downtown Dublin - more commonly known as The Banner House. Originally built as a hotel and later converted into a five unit apartment building. This is an excellent opportunity to add to your investment portfolio and build some sweat equity while still being cash flow positive from day one. The net income on this property is just under $19,000/yr making it a home run for the right investor who isn't afraid to get their hands dirty and do the work needed to restore this property to it's original glory. Schedule a showing today!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 $375.00 -
1+1 2 $350.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13021
Land Assessment
$30,000
Improvements Assessment
$98,600
Total Assessment
$128,600

zoning

Zoning Code Multi-Family
Multi-Family
  • Listing ID: 17092025

  • Date on Market: 9/3/2019

  • Last Updated:

  • Address: 500 E Main St, Dublin, VA 24084

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