1046 Terrace Drive, Marion, VA 24355

Other
THB ฿30,735,350
USD $950,000
Published on: 02 Jul 2024
Last updated on: 27 Jun 2025
1046 Terrace Drive, Marion, VA 24355
1046 Terrace Drive, Marion, VA 24355
1046 Terrace Drive, Marion, VA 24355
+63
1046 Terrace Drive, Marion, VA 24355
  • 63
Property ID: 110092928631
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Mixed Use - Marion, VA

1046 Terrace Drive, Marion, VA 24355
Don't overlook this great investment....1046 Terrace Drive Student Suites & Business Rental Investment Property....Tour this facility that features 8250 sq.ft. of updated & well maintained, established rentals. Main level consists of rentals w/2 year lease terms, currently at full capacity, & include 4 suites housing 2 students each. Each student has a spacious en suite with private bath, closet, study desk area & enough room for a queen size bedroom suite. Shared common area is kitchen/living/dining. All suites have granite countertops, tub/shower enclosures & pantry storage. Internet and all utilities are included in rent. Coin operated laundry area open to all residents. Mail boxes onsite. One Handicap Unit. 8 rentals at $800/mo. Lower level is leased for $2100/mo as a health care office unit. It contains multiple offices & storage, 2 half baths & 2 kitchenettes. This investment will begin as a profit & pay for itself from the start. 48 hour appt to show. Prospects must be preapproved before viewing.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
2,792.33 m2
Building Size
766.45 m2
Year Built
1984
Architecture Style
Other
County
Smyth
Provider
Southwest Virginia Association of Realtors
Brokerage Office Name
Appalachian Realty Co. Inc.
Brokerage Office Phone
(276) 783-5173
Address
1046 Terrace Drive, Marion, VA 24355

Tax History

YearTax amount
2024USD $3745THB ฿121,162*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Vickie Stamper
Appalachian Realty Co.
123 W. Main St., Marion, VA 24354
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Vickie Stamper
123 W. Main St., Marion, VA 24354
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      Property ID: 110092928631

      Original Property ID: 3yd-SWVARVA-94332
      Data provided by Southwest Virginia Association of Realtors, MLS #: 94332
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      Copyright © 2025 Southwest Virginia 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.