$212,000

2065 Castleton Rd

2080 2248, 24360

Description

Ideal Investment property meeting all the criteria investors want and more! Great location - rural area where a place to rent is very hard to find, convenient to I-77 Wytheville/Charlotte or to I-81N going toward Christiansburg/Roanoke. Can produce rental income over $2300/month more than meeting the 10% to purchase price ratio. Long term tenants, some almost 20 years. At least 5 acres of extra usable land, flat, buildable, ready for new owner to build additional rental units or commercial buildings. Would make a great site for storage units. One building has newly renovated very large 1 bed, 1 bath, upper level has two 1 bed, 1 bath units, other building has beauty salon and also a large warehouse/workshop space ready to rent, upper level has a large 3 bed/1 bath apt. Nice detached garage could also be rented. All 3 buildings have metal roofs. Has 2 wells, only using one but can hook up to public water. Adjoining parcel with 3/1 house can also be purchased, see MLS #63699.

Details

MLS#63694
Sub-TypeResale
StatusActive
Days On Site590

Features

SQ Feet5,408
Story(s)1
ZoningComm/Indus

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Area Information

State2248
County3315
City2080
Zip Code24360
Area3266
Listing VS Median (in 24360)
Price:
$212,000
low | high
Med:
$89,900
100% of Average
SqFt:
5,408
low | high
Med:
2,496
100% of Average
$ / SqFt:
$39
low | high
Med:
$36
58.12106918239% of Average
On Site:
590
low | high
Med:
1768
33.371040723982% of Average
Listing Updated: 10/19/2019
MLS Number: 63694
Listing Provided By:
Cindy Stuart  of  Mountain Sky Properties Wytheville