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About This Home
This 0-bedroom, 0-bathroom residential multi family at 575 Colonial Hill Dr in Bassett, VA is listed for $270,000 ($85 per sqft). Built in 1966, the home offers 3,176 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1966
Property Details
Monthly Cost Estimate
$1,444/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
575 Colonial Hill Dr
Bassett, VA 24055
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 575 Colonial Hill Dr is listed at $270,000 ($85/sqft). The estimated monthly payment is $1,170 based on 20% down at 6.5% interest.
Key features include: Built in 1966.
This property is listed by Tonya Bredamus and can be reached at 2768069018 or tonyabredamus@kw.com.



