2065 Castleton Rd, 2080, 2248$212,000
Town and Country Realty
Phone: 423-245-8212
Cell: 423-245-8212

Listing Provided By:
Cindy Stuart  of  Mountain Sky Properties Wytheville
SQ Feet:5,408
Office SQ Ft:0

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.

Updated: 02/16/2019
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