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33882704
33863754

217 W 28th St, Buena Vista, VA 24416

WS
VA 0225237493
EXP Realty LLC
Listed by EXP Realty LLC
$399,900
4 days on market
Updated 4 days ago

217 W 28th St

Details
APN 18-1-5-21-22
Property Type Multifamily
Sub Type Student Housing, Apartment Building
Square Footage 2,604
Units 2
Cap Rate 7.35%
NOI $29,400
Occupancy 100%
Tenancy Multi
Price per SqFt $154
Year Built 1962
Acreage 0.220
Zoning R-2 Res

217 W 28th St, Buena Vista, VA 24416

Marketing description

Investor opportunity, fully renovated duplex at 217 W 28th St, Buena Vista. This over/under property was taken to the studs in 2020 with all new insulation, electrical, plumbing, and roof, plus high-end finishes throughout. Each unit features two bedrooms, each with a private full bathroom, plus a half bath for guests. Both units offer private laundry and a shared living room and kitchen. Kitchens include maple cabinets, granite countertops, two refrigerators, and two pantries, ideal for suite-style living. Luxury vinyl plank flooring runs throughout. The lower unit has a covered patio, while the upper unit offers a deck. Ample parking with a circular driveway in front and large gravel lot in the rear. Owner currently includes all utilities in rent. Tenants handle lawn care and snow removal. Located directly across from and within walking distance to Southern Virginia University. Turnkey, income-producing property with strong rental appeal.

Investment highlights

  • Turnkey, income-producing property with strong rental appeal
  • Fully renovated in 2020 - all new insulation, electrical, plumbing, and roof
  • Current rents: $650, $700, $750, and $850 ($2,950/month total)
  • Owner pays internet, water/trash/sewer, insurance, and electric
  • Tenants handle lawn care and snow removal
  • Located directly across from Southern Virginia University
  • Fully furnished - rental ready from day one
  • Average monthly expenses: $500

Listing Contacts

WS
VA 0225237493
EXP Realty LLC
Listed by EXP Realty LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$29,400.00
$2,450.00/mo

Valuation Metrics

0
DSCR
7.35%
Cap Rate
7.35%
ROI

Map

Zoning

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R-3 ResidentialSingle FamilyResidential Limited
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Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Wesley Sparks
License
0225237493
Brokerage
eXp Realty, LLC
Brokerage Phone
(866) 825-7169
Brokerage Address
800 Corporate Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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