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4 Units Thomason Ln., Galax, VA 24333

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For Sale

$179,900

8 beds • 1,102 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Attached
    Property type

  • $163.25
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Multiple Unit Investment Property! 3 Mobile Homes, 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. 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 This property is being offered at a 12% capitalization rate. Call now! Agent has ownership interest in property.
MLS# 98143

Courtesy Of Mountain Sky Properties

(276) 228-8882

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Appliances
    Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Central A/C, Window Unit(s) A/C
  • Exterior Type
    Brick, Vinyl Siding
  • Floor Covering
    Tile, Vinyl
  • Heating System
    Baseboard, Central Furnace, Heat Pump
  • Lot Size
    1.02 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 4 Units Thomason Ln., Galax, VA 24333

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Copyright © 2025 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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