$260,000
$15K PRICE DROP

1056 Pheasant Run Rd Grundy, VA 24614

Estimated payment $1,495/month

Total Views 16,820
6 Beds
1 Bath
4,160 Sq Ft
$62 Price per Sq Ft

Highlights

  • Cathedral Ceiling
  • Central Air
  • Heat Pump System
  • Tray Ceiling
  • Carpet

About This Home

Excellent investment rental property. All one level units and one is handicap accessible. All apartments have been well maintained and all are occupied except one which is available for showing. Located only 6.6 miles from the town of Grundy VA. Minutes away from Buchanan General Hospital and Appalachian School of Law, Walmart, shopping and restaurants. Live in one and let the rent from the other five apartments pay for your investment! Don't miss this opportunity - GET MOVING!

Listing Agent

Judy Horne

Goldwell Real Estate LLC Brokerage Phone: 2769713082 License #0225235321 Listed on: 08/29/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $847

Year Built

  • Built in 2004

Lot Details

  • No Landscaping
  • Property is in good condition

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,160 Sq Ft Home
  • Tray Ceiling
  • Cathedral Ceiling
  • Insulated Windows
  • Carpet

Kitchen

  • Oven or Range
  • Stove
  • Range Hood

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Riverview Elementary And Middle School
  • Grundy High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1056-1066

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$847

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Grundy Virginia at intersection of US 460 and US Rt 83, turn onto US 83 (near courthouse). Continue on Rt 83 for 6.6 miles. Turn right onto Pheasant Run. Turn right at end of lane. Continue to 1056 and 1066 Pheasant Run. You have arrived!
  • Above Grade Finished Sq Ft: 4160
  • Structure Type: Side by Side, Two Buildings
  • Year Built: 2004
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 2769713082
  • Special Features: None

Interior Features

  • Appliances: Range Hood, Range/Oven, Refrigerator, Washer, Dryer, Electric Water Heater, 1 Bdrm-Washer/Dryer, 1 Bdrm-Stove, 1 Bdrm-Refrigerator
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Flooring: Carpet, Wood Floors
  • Interior Amenities: Cathedral Ceiling(s), Tray Ceiling(s)
  • Living Area: 4160
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: No Landscaping
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Vinyl Siding, Dry Wall
  • Foundation Details: Block
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air, 1 Bdrm-Central A/C
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Schools

  • Elementary School: Riverview
  • High School: Grundy
  • Middle Or Junior School: Riverview

Lot Info

  • Zoning: None
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 28800
  • Property Net Operating Income: 28800
  • Number Of Units Leased: 5
  • Total Actual Rent: 400
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 847
  • Tax Lot: 1056-1066
  • Tax Map Number: 2HH081077
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2025 05/11/25 Price Changed $260,000 -5.5% $63 / Sq Ft
01/01/2025 01/01/25 For Sale $275,000 0.0% $66 / Sq Ft
01/01/2025 01/01/25 Off Market $275,000 -- --
08/29/2024 08/29/24 For Sale $275,000 -- $66 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Source: Southwest Virginia Association of REALTORS®

MLS Number: 96113

Virginia Buchanan County Grundy 24614

1056 Pheasant Run Rd, Grundy, VA

This home is located at 1056 Pheasant Run Rd, Grundy, VA 24614 and is currently priced at $260,000, approximately $62 per square foot. This property was built in 2004. 1056 Pheasant Run Rd is a home located in Buchanan County with nearby schools including Jm Bevins Elementary School, Riverview Elementary/Middle School, and Grundy High School.

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Listing Agent
Judy Horne
Section Image
Goldwell Real Estate LLC
(276) 531-3749