316 Forest St

By Owner
MARTINSVILLE, VA, 24112
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Property Description

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4 Bedrooms

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2.0 Baths

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2,200 SQ FT

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0.17 Acres

$90,000

**Charming 1927 Stick Build Home with Modern Updates – Ideal for Large Families or Investment Opportunity!** Welcome to this beautifully maintained stick-built home, originally constructed in 1927, featuring timeless charm with modern updates. Spanning 2200 square feet, this spacious residence offers four bedrooms and two bathrooms, perfect for accommodating a large family or transforming into a lucrative investment property. **Interior Highlights:** - **Bedrooms:** Four generously sized bedrooms provide ample space for rest and relaxation. The expansive living room, which can be easily converted into two additional bedrooms, offers flexibility for larger families or maximizing rental income potential. - **Living Spaces:** Enjoy a formal dining area perfect for family gatherings and entertaining guests. The Butler’s den offers a cozy retreat for reading, working from home, or quiet reflection. - **Kitchen:** A functional kitchen space awaits your culinary creations, with plenty of room for upgrades to enhance its appeal. Imagine adding modern appliances, sleek countertops, and custom cabinetry to create the kitchen of your dreams. **Recent Upgrades:** - **Windows:** Brand new windows have been installed, ensuring energy efficiency and a fresh, modern look. These windows not only enhance the aesthetic appeal but also contribute to lower utility bills by improving insulation. **Exterior Features:** - **Siding:** Durable vinyl siding offers low maintenance and lasting curb appeal. The exterior of the home is both charming and practical, requiring minimal upkeep while maintaining its beautiful appearance. - **Location:** Situated just minutes from the Martinsville Speedway, downtown amenities, and the local hospital, this home offers convenience and accessibility. Whether you're a racing enthusiast, a professional working in the city, or someone who values proximity to healthcare facilities, this location has it all. **Investment Potential:** This property presents a fantastic opportunity for investors looking to flip homes or generate rental income. The spacious layout and strategic location make it ideal for converting into a two-unit apartment. With the growing demand for rental properties in the area, this home promises significant profit potential. **Flipping Homes for Profit:** Investing in real estate, particularly in properties like this, can be highly profitable. By making strategic renovations and upgrades, you can significantly increase the property's market value. Key areas to focus on include: - **Updating Kitchens and Bathrooms:** Modernizing these spaces can yield a high return on investment. Consider installing high-quality fixtures, contemporary tiles, and energy-efficient appliances to attract discerning buyers or tenants. - **Enhancing Curb Appeal:** Simple landscaping, fresh paint, and new fixtures can transform the exterior and attract potential buyers or tenants. First impressions matter, and a well-maintained exterior can set the tone for the entire property. - **Energy Efficiency:** Installing energy-efficient windows and appliances can appeal to eco-conscious buyers and reduce utility costs. Think about adding solar panels, smart thermostats, and other green technologies to further enhance the property's appeal. **Additional Features:** - **Flexibility for Customization:** The spacious living room, formal dining area, and Butler’s den offer endless possibilities for customization. Whether you envision a home office, a playroom, or an additional bedroom, this home can adapt to your needs. - **Historic Charm:** Original architectural details, such as hardwood floors, crown molding, and classic fixtures, add to the home's unique character. Embrace the charm of the past while enjoying the comforts of modern living. BRAND NEW HVAC SYSTEM as of 1.10.17!!


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