3004 Fork Mountain RD, Rocky Mount, VA 24151
$249,900
Property Type:
MultiFamily
Lot Size (sq. ft.):
302,742
Status:
Active
Current Price:
$249,900
List Date:
10/14/2025
Last Modified:
10/22/2025
Description
Value-add mobile home park with expansion potential! Situated on nearly 7 acres, this 7-unit property includes 5 mobile home lots, a 3BR/2BA single-family home, and a 2-car garage—all primed for increased cash flow. Several tenants are below market rent, and with utilities in place, there's room to add more units and boost income (subject to subdividing). A solid investment for those looking to unlock upside through strategic improvements and repositioning. Owner /Agent
More Information MLS# 921857
General Property Description
Multi-Family Type: Other - See Remarks
Construction Status: Completed
Total Acreage: 6.95
# Furnished: 0
# Unfurnished: 7
# Leased Units: 4
Gross Bldg SQFT: 1344
Basement Y/N: No
Water Class: N/A
Parking Description: Private (1 - 9)
Gross Income: 16260
Year Built: 1984
Number of Units: 7
Operating Expense: 1500
Net Operating Income: 13000
Location, Tax & Legal
Major Area: 04 - Franklin County
Phase: 0
Lot: 0
Block: 0
Tax ID: 1110005900
Annual Taxes: 729
Section: 0
POA Y/N: No
Area: 0400 - Franklin County
Street Number: 3004
Street Name: Fork Mountain
Street Suffix: RD
State/Province: VA
Zip Code: 24151
Subdivision: N/A
Municipality: Franklin County
Elementary School: Other - See Remarks
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Directions: From Rocky Mount 220 S, R onto Fork Mountain Rd located at intersection of Fork Mountain Rd & Rufus Rd.
Limited Service
Not Limited Service: 1
Construction
Vinyl: 1
Basement
Crawl Space: 1
Heating
Heat Pump Electric: 1
Misc Features
Manufac Home Allowed: 1
Cooling
Heat Pump Water: 1
Water Description
Shared Well: 1
Sewer Description
Private Septic: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Owner Expenses
Other - See Remarks: 1
Tenant Expenses
Electricity: 1
Expenses
Tax Exp: 728
Insurance Exp: 1800
Electric Exp: 400
Contract Information
Current Price: $249,900
List Price: $249,900
List Date: 2025-10-14
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Vinyl
Basement: Crawl Space
Heating: Heat Pump Electric
Cooling: Heat Pump Water
Water Description: Shared Well
Sewer Description: Private Septic
Water Heater Type: Tank
Water Heater Energy: Electric
Owner Expenses: Other - See Remarks
Misc Features: Manufac Home Allowed
Tenant Expenses: Electricity
Listing Office:
KELLER WILLIAMS REALTY ROANOKE
Last Updated: October - 22 - 2025
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