USAVARural Retreat108 Kitten Ln
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108 Kitten Ln, Rural Retreat, VA

House

For Sale

Listed price in listed location currency (USD).
$650,000

1640

MLS® 109883

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 10000 sqft
Garage 
Taxes $2,467
Days Active 0
Lot Size 
Approx. Age 1970
Avg. Price Per Sqft $65
MLS® Number 109883

Property Address: 108 Kitten Ln, Rural Retreat, VA, 24368-2982

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity with strong existing cash flow and room to grow. This 3.86-acre multi-family property features a total of 7 income-producing units plus 2 additional tenant-owned mobile homes providing lot rent income. The property includes two duplexes totaling four 2-bedroom, 1-bath units, along with three mobile homes consisting of two 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. All units are individually metered with public water and sewer already in place, making management efficient and straightforward. Current gross annual income is approximately $73, 800 with an NOI of approximately $66, 105. Situated directly on Route 11, the location offers excellent accessibility, just 3 minutes from Exit 60 off Interstate 81 and only 10 minutes from Wytheville. The expansive acreage provides a tremendous opportunity for future development or expansion, with plenty of additional space for more units or improvements. Whether you're looking to expand your portfolio with a stabilized income-producing asset or seeking a property with long-term development potential, this versatile multi-family package offers both immediate returns and future upside.
MLS® Number109883
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
BasementCrawl Space
DrivewayGravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2026List Date
$650,000List Price
  • Commute

Commute

Starting Address
Destination Address
108 Kitten Ln, Rural Retreat, VA

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