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$179,900

4 Units Thomason Ln., Galax, VA, 24333

Description

Bedroom

2 Rooms

Bathroom

2 Baths

Square Foot

1102 Ft

Lot Size

1.02 Acres

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.

Location

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Additional Listing Details:

42 days on HouseJet

Last Refresh: 01/22/2025 08:00:03 PM UTC

MLS #: 98142

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