VA > Galax
Galax, VA 24333,101-115 Thomason LN
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Galax, VA 24333,101-115 Thomason LN
Galax, VA 24333,101-115 Thomason LN
Galax, VA 24333,101-115 Thomason LN
Galax, VA 24333,101-115 Thomason LN
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Scott Bunn

Scott Bunn

+1(540) 818-5383
$ 179,900
Est. payment /mo
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Pending

101-115 Thomason LN Galax, VA 24333

2 Beds

2 Baths

1,102 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,102 sqft

Price per Sqft $163

MLS Listing ID 422790

Bedrooms 2

Full Baths 2

Year Built 1950

Annual Tax Amount $1,169

Tax Year 2024

Lot Size 1.020 Acres

Property Sub-Type Detached

Property Description

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.

Location

State VA

County Galax (city)

Area Galax City

Zoning Residential 1

Rooms

Basement None

Interior

Interior Features Ceiling Fan(s), CeramicTile Bath(s), Laundry on Main, Walls-Drywall, WindowTreatment(s)

Heating Baseboard-Electric, Electric, Heat Pump

Cooling Central Electric, Heat Pump, Window Unit(s)

Flooring Ceramic Tile, Vinyl, LVP

Fireplaces Type None

Appliance Dryer/Electric, Oven, Refrigerator, Washer

Heat Source Baseboard-Electric, Electric, Heat Pump

Exterior

Exterior Feature Blacktop Driveway, Cable Available

Parking Features None

Roof Type Metal,Shingle

Building

Sewer Public System

Water Public Water

Schools

Elementary Schools Galax Grd

Middle Schools Galax

High Schools Galax

School District Galax

Listed by Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv
agent

Scott Bunn

Agent | License ID: 0225185451

+1(540) 818-5383

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101-115 Thomason LN

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