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331 Penny Lane

Independence, VA 24348
  • $395,000
  • STATUS: Active
  • ON SITE: 110 Days
  • MLS #: 86928
UPDATED: 59 min ago
$395,000
  • 0
    BEDS
  • 4.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,192
    SQFT
  • $94
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2000
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment opportunity with multi-family housing in a quiet country setting in the Pine Mountain Community. Includes a total of 6 units, all one story for easy access. With a reliable rental history, one possibility is to live in one unit while renting the remaining units to pay your mortgage. These units will work for younger or older families with one level living and a less traveled location at the end of a lane. Includes 4.14 acres with an area for an additional rental unit or RV parking with water and septic hookup already in place. Call us to take a look at this unique investment opportunity!

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© 2023 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christy Wood Team | Solutions Real Estate. Data last updated: 2023-10-02T21:11:36.56.
www.christywood.com/homes/140530417
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331 Penny Lane Independence, VA 24348

  • Price: $395,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 59 min ago
  • MLS #: 86928
0
Beds
0
Baths
0
½ Baths
4.14
Acres
4,192
SQFT
$94
$/SQFT
2000
Built
Neighborhood:
None
County:
Grayson
Area:
Independence
Elementary School:
Independence
Middle School:
Independence
High School:
Grayson County
Property Description
Great investment opportunity with multi-family housing in a quiet country setting in the Pine Mountain Community. Includes a total of 6 units, all one story for easy access. With a reliable rental history, one possibility is to live in one unit while renting the remaining units to pay your mortgage. These units will work for younger or older families with one level living and a less traveled location at the end of a lane. Includes 4.14 acres with an area for an additional rental unit or RV parking with water and septic hookup already in place. Call us to take a look at this unique investment opportunity!
Exterior Features

Car Storage Sq Ft 0 Exterior Vinyl Siding Exterior Amenities Gravel DrivewayOut BuildingsRv Parking Garage Carport No Landscaping Mature TreesWooded Roof Shingle Water View None Waterfront None

Interior Features

Appliances Other-See Remarks Basement Foundation Block Bsmt Finished Sq Ft 0 Bsmt Unfinished Sq Ft 0 Cooling None Fireplace Details None First Floor Sq Ft 4192 Heat Source Electric Baseboard Heating BaseboardElectric Interior Amenities Dry WallNewer Floor Covering Laundry Main Level One Bdrm Bathrooms 3 Second Floor Sq Ft 0 Third Floor Sq Ft 0 Total Unfinished Sq Ft 0 Two Bdrm Bathrooms 3 Water Heater Electric Windows Vinyl

Property Features

County Taxes 1272.24 Electricity Separate Meters Gross Income 34200.00 Layout Multiple Buildings Lot Number N/A One Bdrm Numberof Units 3 One Bdrm Rent Month 425 Property Type Multi-Family Other Sewer Septic System Tax Map Number 54-A-103B Tax Year 2022 Two Bdrm Numberof Units 3 Two Bdrm Rent Month 525 Water Supply Well Zoning Rf

Listing information © 2023 Southwest Virginia Association of REALTORS®
Listing provided courtesy of Chris Morton of Morton Realty & Auction: 2767733333.


© 2023 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christy Wood Team | Solutions Real Estate. Data last updated: 2023-10-02T21:11:36.56.
 
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The Christy Wood Team | Solutions Real Estate
1416 Honaker Ave.
Princeton WV, 24740