575 Colonial Hill Dr Bassett, VA 24055

Price
$270,000
Listed On
Type
For Sale
Status
Active
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
575 Colonial Hill Dr, Bassett, VA 24055
3176 sqft
Asking  $270,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Residential Multi Family
Property Subtype
Other
MLS Number
146827
Parcel Number
Property Sqft
3,176 sqft
Lot Size
Year Built
1966
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
-
Price Low
-
Room Count
-
Building Unit Count
-
Condo Floor Number
-
Number of Buildings
-
Number of Floors
1
Parking Spaces
0
Subdivision Name
Bassett
Franchise Affiliation
None
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

Turnkey Investment Opportunity Near US 220! Don't miss this fully rented 5-unit multi-family rental complex generating $3,000 per month in rental income. With all units occupied, this property offers immediate, consistent cash flow from day one. Ideally located just minutes from U.S. Route 220, tenants enjoy quick and convenient access to both Martinsville and Roanoke, making it an attractive location for commuters and long-term renters alike. This property can be purchased separately or as part of a larger investment portfolio, offering flexibility for both new and seasoned investors looking to expand their holdings. Secure your next smart investment today! Showings to be held on Thursdays, Fridays or Saturdays. The units are tenant occupied, so please allow 3 days notice for showing requests.

More Details

MLS Name
Martinsville, Henry, Patrick Counties Association of Realtors
Source
ListHub
MLS Number
146827
MLS ID
MHPCAR
Virtual Tour
PARTICIPANT
Name
Tonya Bredamus
Primary Phone
(276) 806-9018
Key
3YD-MHPCAR-138_900
Email
tonyabredamus@kw.com
BROKER
Name
KW Martinsville
Phone
(540) 208-6102
OFFICE
Name
KW Martinsville
Phone
(276) 788-7653
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.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront

History

DateEventPrice$/SqftSource
For Sale ~ Price Changed
MultiFamily
$270,000
-9.2%
$85KW Martinsville
For Sale ~ Price Changed
MultiFamily
$297,400
-0.8%
$94KW Martinsville
Listed For Sale
MultiFamily
$299,900$94KW Martinsville
Report issue with price history

Nearby Schools

High School

Bassett High

2.6 miles away09 - 12

Elementary School

Campbell Court Elementary

2.5 miles awayPK - 05

Elementary School

Sanville Elementary

7.2 miles awayPK - 05
Get more info on 575 Colonial Hill Dr, Bassett, VA 24055
Profile
Tonya Bredamus
Listing Agent
(276) 806-9018
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Tonya Bredamus
Listing Agent
(276) 806-9018
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.