Great investment or retirement plan (monthly income currently $2,825) with this 6-unit apartment building, there are 2 units with 2 bedrooms/1 bathroom; 4 units with 1 bedroom/1 bathroom; all units have living room, kitchen and laundry areas; city water and city sewer; range, refrigerator, washer and dryer for each unit; 6 plus parking spaces; concrete sidewalk; currently all units are rented; all electric; owner/ agent.
The median home value in Pennington Gap, VA is $96,000. This is higher than the county median home value of $86,800. The national median home value is $338,100. The average price of homes sold in Pennington Gap, VA is $96,000. Approximately 31.84% of Pennington Gap homes are owned, compared to 44.97% rented, while 23.2% are vacant. Pennington Gap real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pennington Gap real estate agent to arrange a tour today!
Pennington Gap, Virginia has a population of 2,079. Pennington Gap is less family-centric than the surrounding county with 8.42% of the households containing married families with children. The county average for households married with children is 19.44%.
The median household income in Pennington Gap, Virginia is $20,814. The median household income for the surrounding county is $37,574 compared to the national median of $69,021. The median age of people living in Pennington Gap is 33.6 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 23.3 degrees. The average rainfall is approximately 52.1 inches per year, with 16.6 inches of snow per year.