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$455,000
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Property Description
Income Producing Investment Property! Don't miss this opportunity to own a fully leased 3-unit multifamily property located in the heart of Bowling Green. This centrally located property is professionally managed, making it a true turnkey investment. Unit 1: 2 bedrooms, 2 full bathrooms, finished basement, approx. 2,611 sq. ft. - Rents for $1,895/month Unit 2: 2 bedrooms, 1 full bathroom, approx. 658 sq. ft. - Rents for $1,000/month Unit 3: Loft apartment above garage, 1 full bathroom, approx. 480 sq. ft. - Rents for $1,295/month 💰 Total Monthly Rental Income: $4,190 💰 Annual Gross Income: $50,280 Key Features: Each unit has its own kitchen and in-unit washer & dryer Separate private entrances for all units All units currently leased and producing steady rental income Professionally managed with financials and management documents available in the listing's document section This property delivers immediate cash flow with a strong rental history in a convenient Bowling Green location, close to shops, restaurants, and commuter routes.
Full Property Details
Full Property Details for 129 Martin St
General
- Sold For: $455,000
- Taxes: $2,535 (2022)
- Status: Closed
- Type: Triplex
- Source: BrightMLSMidAtlantic
- MLS ID: VACV2008740
- Added to Site: 147 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Driveway, On Street, Detached Garage
- Garage Description: Garage - Front Entry, Oversized
Location
- County: Caroline
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: Please use GPS
School Information
- School District: Caroline County Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch/Rambler
- Architectural Style: Ranch/Rambler
- Structure Type: Detached
- Construction: Block, Brick, Concrete, Stick Built
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Outside Entrance, Partially Finished
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 3,849
- Sq. Ft. Source: Estimated
- Living Area: 3,849 Sq. Ft.
- Year Built: 1951
- Year Built Source: Estimated
Unit Information
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761
- Lot Size Source: Estimated
- Zoning: R1
Financial Considerations
- Price Per Sq. Ft.: $140.34
- Assessment Year: 2022
- City/TownTax: $317
- City/TownTax Freq: Annually
- County Tax: $2,218
- County Tax Freq: Annually
- Tax w/Assessment: $288,100
- Tax Amount: $2,535
- Tax Year: 2022
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 6
Listed by Samson Properties, Michael Dowling and Samson Properties, Jessica Dowling
Sold by Non Subscribing Office, NON MEMBER
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Schools
Schools serving 129 Martin St
School District:Caroline County Public Schools, Bowling Green, VA
| Name | Grades | Distance |
|---|---|---|
Caroline Middle School 13325 Devils Three Jump Road, Milford, VA 22514 | 6-8 | 4.4 mi |
Caroline High School 19155 Rodgers Clark Blvd, Milford, VA 22514 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 129 Martin St
Date
Details
Price
Change
Source
10/27/2025
Sold
$455,000
-2.99%
MLS
8/22/2025
Listed
$469,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
129 Martin Street, Bowling Green, VA 22427 (MLS# VACV2008740) is a Triplex property that was sold at $455,000 on October 27, 2025. Want to learn more about 129 Martin Street? Do you have questions about finding other Triplex real estate for sale in Bowling Green? You can browse all Bowling Green real estate or contact a Coldwell Banker agent to request more information.

