108 Kitten Ln, Rural Retreat, VA

Name: 108 Kitten Ln, For Sale in Rural Retreat - Zoocasa
Brand: BHHS- Mountain Sky Properties, Wytheville
SKU: 109883
Price: 650000 USD

House

For Sale

Listed price in listed location currency (USD).

$650,000

1640

MLS® 109883

Overview

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 Lane, Rural Retreat, VA, 24368

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

Map

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