$179,900

4 Units Thomason Ln Galax Galax, VA 24333

Estimated payment $1,139/month

Total Views 33,616
8 Beds
8 Baths
1,102 Sq Ft
$163 Price per Sq Ft

About This Home

Multiple Unit Investment Property! 3 Mobile Homes, 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. 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 This property is being offered at a 12% capitalization rate. Call now! Agent has ownership interest in property.

Listing Agent

Berkshire Properties

Berkshire Hathaway HomeServices Mountain Sky Properties Listed on: 12/26/2024

Listing Provided By

Home Details

Home Type

  • Single Family

Lot Details

  • Few Trees
  • Current uses include mobile home park, residential multi-family, residential single
  • Potential uses include mobile, residential multi-family, residential single

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Bedrooms: Beds: 8
  • BathsCombined: 8
  • Office Phone: 276-531-2937
  • Listing Website: https://www.land.com/property/4-units-thomason-ln.-galax-galax-virginia-24333/22268227/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Potential Use: Mobile, Residential Multi-Family, Residential Single
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 8

Exterior Features

  • Road Description: Asphalt

Lot Info

  • Current Use: Mobile Home Park, Residential Multi-Family, Residential Single
  • Lot Description: Some Trees

Multi Family

  • Utilities Available: City Sewer, City Water

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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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
12/26/2024 12/26/24 For Sale $179,900 -- $163 / Sq Ft