bedrooms
2
bathrooms
2
square feet
1,102
Acreage
1.02
Open Houses
-
year built
1950
Full Baths
2
Half Baths
0
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.
| Location | |
| Subdivision | - |
| County | City of Galax - Out of County |
| Elementary School | Galax |
| Middle School | Galax |
| High School | Galax |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 98142
Listing agent:
Joseph Dixon
#0225246102
Listing broker:
Mountain Sky Properties
(276) 228-8882
Copyright © 2025 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Monday, March 31 2025 at 1:14 a.m. EDT
Kotohomes National
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