Estimated payment $1,086/month
Total Views
8,918
2
Beds
2
Baths
1,102
Sq Ft
$163
Price per Sq Ft
Highlights
- Main Floor Primary Bedroom
- Bungalow
- Central Air
- No HOA
- Ceramic Tile Flooring
- Ceiling Fan
About This Home
Multiple Unit Investment Property! 3 Mobile Homes (all conveying), 1 Brick Cottage, 1 Vacant Cabin, and space to add up to 2 more mobile homes with utility hookups available. This property has a monthly gross cash flow of $2,340 with the potential to be increased. $990 of the monthly income is paid automatically through HUD, the remainder is paid in cash. Perfect for IRA investors, this property is being offered at a 12.6% return on investment. Unit 1 is 2 bed 2 bath and features a new metal roof, lvp flooring, heat pump, and updated bathrooms. Unit 2 is a 2 bed 1 bath with a central electric heat. Unit 3 is a 2 bed 1 bath with central electric heat and various improvements. Unit 4 is a 2 bed 1 bath with electric heat, metal roof and various improvements. The rent roll per month of the 4 occupied units in order previously listed is $700, $450, $575, $615. One could have 7 units on this property. Call now! Agent has ownership interest in property.
Listing Agent
Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv Listed on: 12/10/2024
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $1,075
Year Built
- Built in 1950
Lot Details
- 1.02 Acre Lot
- Property is in average condition
Parking
- Driveway
Home Design
- Bungalow
- Brick Exterior Construction
- Fire Rated Drywall
- Shingle Roof
- Metal Roof
- Aluminum Siding
- Vinyl Trim
Interior Spaces
- 1,102 Sq Ft Home
- Ceiling Fan
- Window Treatments
- Attic Access Panel
- Oven
Flooring
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Ceramic Tile in Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Schools
- Galax Grd Elementary School
- Galax Middle School
- Galax High School
Mobile Home
- Manufactured Home
Utilities
- Central Air
- Window Unit Cooling System
- Heat Pump System
- Electric Baseboard Heater
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 7346
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,075 | $116,900 | $27,000 | $89,900 |
| 2024 | $1,075 | $116,900 | $27,000 | $89,900 |
| 2023 | $733 | $73,300 | $18,000 | $55,300 |
| 2022 | $733 | $73,300 | $18,000 | $55,300 |
| 2021 | $674 | $73,300 | $18,000 | $55,300 |
| 2020 | $674 | $73,300 | $18,000 | $55,300 |
| 2019 | $555 | $73,300 | $18,000 | $55,300 |
| 2017 | $555 | $69,400 | $17,000 | $52,400 |
| 2016 | -- | $79,800 | $17,000 | $62,800 |
| 2013 | -- | $79,800 | $17,000 | $62,800 |
| 2012 | -- | $79,800 | $17,000 | $62,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | Pending | -- | -- | -- |
| 12/10/2024 12/10/24 | For Sale | $179,900 | 0.0% | $163 / Sq Ft |
| 12/10/2024 12/10/24 | For Sale | $179,900 | +43.9% | $163 / Sq Ft |
| 04/01/2022 04/01/22 | Sold | $125,000 | -19.3% | $113 / Sq Ft |
| 02/28/2022 02/28/22 | Pending | -- | -- | -- |
| 10/08/2021 10/08/21 | For Sale | $154,900 | -- | $141 / Sq Ft |
Source: New River Valley Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $84,500 | -- |
Source: Public Records
Similar Homes in Galax, VA
Source: New River Valley Association of REALTORS®
MLS Number: 422790
APN: 000009812001
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