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101-115 Thomason LaneGalax, VA 24333Price: $179,900

  • Price: $179,900
  • Est. Mortgage of $/month
  • 39 Days on Market
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Federal 30-year interest rate: 7.04% last updated on Jan 16, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $179,900List Price
  • 2Bedrooms
  • 2Bathrooms
  • 1.02Acreage
  • 1,102Square Feet

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Listed by Joseph Dixon of Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv
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.

Property Details of 101-115 Thomason Lane

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 "Based on information submitted to New River Valley Association of REALTORS as of January 18, 2025 8:42 AM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial 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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