Multiple Duplexes for Sale at Online Only Auction!
Online Only Auction Ending Thursday, June 17th at 4 PM
You have the opportunity to purchase up to 8 Duplexes for sale in Martinsville VA. This is an online-only auction where you can bid on a single Duplex or multiple Duplexes. Properties are zoned S-R and zoning description is located in Bidder Pack. These properties will be sold simultaneously all lots will remain open until bidding ends. You have the opportunity to purchase multiple tracts as long as you are the winning bidder of those tracts. Bidders will have the ability to monitor their bids on Duplex(es) they are bidding on until bidding is over. For example - if a bidder is interested in two duplexes and they have the winning bid on one but not the other, they can increase the bid on the duplex they arent winning on, and the bid on the one they are winning stays (unless outbid,...
You have the opportunity to purchase up to 8 Duplexes for sale in Martinsville VA. This is an online-only auction where you can bid on a single Duplex or multiple Duplexes. Properties are zoned S-R and zoning description is located in Bidder Pack. These properties will be sold simultaneously all lots will remain open until bidding ends. You have the opportunity to purchase multiple tracts as long as you are the winning bidder of those tracts. Bidders will have the ability to monitor their bids on Duplex(es) they are bidding on until bidding is over. For example - if a bidder is interested in two duplexes and they have the winning bid on one but not the other, they can increase the bid on the duplex they arent winning on, and the bid on the one they are winning stays (unless outbid, then they can go back and increase). All 8 duplex bid displays are shown on one screen. The system will let you know if you have winning bid with a green outline or a red outline if you are outbid. You can download bidder pack for Terms of Auction, Maps, Sample Purchase Contract, General Floor plan, and Tax Cards at VAAuctionPro.con
Each Duplex has the same general layout. There is a floor plan in the bidder pack. The duplexes were built in 1946 and were updated but have since been damaged. Each Duplex has 1,440 above grade square footage, 720 Square Feet per unit, and 720 square foot basement. Each Duplex is in poor condition and in need of extensive remodeling. They are being sold As-Is and bidders are expected to do their own due diligence prior to placing any bids. Each Duplex lot consists of two tax map parcels that range from approximately .15 acre to .25 acre. They are just outside the City of Martinsville in Henry County between Martinsville and Collinsville in Villa Heights. Each duplex is served by public water and sewer. See each address listed below of the 8 duplexes offered. Download Bidder Pack for Maps and Tax Cards.
120 & 122 Erwin Street, Martinsville VA 24112
121 & 123 Erwin Street, Martinsville VA 24112
133 & 135 Erwin Street, Martinsville VA 24112
136 & 138 Erwin Street, Martinsville VA 24112
143 & 145 Erwin Street, Martinsville VA 24112
146 & 148 Erwin Street, Martinsville VA 24112
156 & 158 Erwin Street, Martinsville VA 24112
157 & 159 Erwin Street, Martinsville VA 24112
The duplexes once remodeled would be good rental units. The units across Dexter Street on Erwin
Street rent for $500 - $550 per unit. They could also be remodeled into single family units.
Contact Broker & Auctioneer Matt Gallimore at 540-239-2585
Directions from Martinsville, VA 220 Business North / Memorial Blvd. towards Collinsville. When you
cross Martinsville city line Memorial Blvd. turns into Virginia Avenue, pass Commonwealth Blvd.
intersection and take next right onto Stultz Road left on Dexter Street, then left on Erwin Street.
Duplexes are on both sides of Erwin Street, four on each side.
Directions from Collinsville, VA 220 Business South / Virginia Avenue towards Martinsville. Left onto
Lafayette Avenue, Veer right on Dexter Street, then right on Erwin Street. Duplexes are on both sides of
Erwin Street, four on each side.
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