1/53
$179,900
Calculate Payment
Calculate Payment
101-115 Thomason Lane Unit 115 Galax, VA 24333
Single Family-Detached
Residence
2
Beds
2
Baths
1,102
Sq. Ft.
1.02
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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.
Continue reading
MLS#
422790
Property Type
Single Family-Detached
Bedrooms
2
Bathrooms
2 Full
Year Built
1950
Square Feet
1,102
sq. ft
Price per Sq. Ft.
$163.25
Lot Size
1.02
Stories
1.0
Sewer
Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changesEnter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Rental Valuation Estimate
Per Month