Views
Address
1068 River Oak Drive Forest, VA
Price
$ 1,400,000
Property Attributes
  • MLS#330479
  • TypePending
  • CountyBEDFORD
  • CityForest
  • AreaBedford
  • NeighborhoodGreat Oaks Sec 2
  • Zip24551
  • StyleMulti-Family
  • Year Built1984
  • Taxes4759
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7.23 Acres
Listing Provided Courtesy Of:
Long & Foster-Forest
Data Source:
Lynchburg MLS (LMLS)
Property Description

Do you want to own rental property in Forest in nice condition that is easy to maintain and rent, then Willow Oak Village is for YOU! A unique property consisting of 17 two bedroom, one bath units. It made up of 5 single family homes, a 3 plex, a 9 plex on 7 acres and views of the Peaks of Otter. Major work completed including metal roofs on all buildings and new asphalt parking lot and driveway. This property was a church camp at one time and has a rustic feel but modern amenities. Owner pays for lawn maintenance, county water and trash pickup. Tenants pay their own electric and each has a heat pump. Each unit has washer/dryer hookups. Many Units have newer Kitchens & vinyl plank flooring. Forest Schools. Includes a 48 X 24 Garage under the 9 plex used as a shop or storage. All units are on one Deed and can not be separated. All units occupied under annual leases. No dogs on property, but tenants are allowed 1 cat. Could possibly build additonal units on the existing property.

Price History
3/26/2021 Listed $1,400,000

General Features

Cooling Heat Pump
Heating Heat Pump
Parking Features Garage-Double, Off Street Parking, Parking Lot
Water Heater Electric

Exterior Features

Latitude 0.000000
Longitude 0.000000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 24551

Price
AVG $360K
$1.4M
Taxes
AVG $1,671
$4,759
Visits
AVG 38
37
Year Built
AVG 2003
1984

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