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28191439
28191438

29 Center Street, Chatham, VA 24531

United Country Virginia Realty
United Country Virginia Realty
Listed by United Country Virginia Realty
$150,000
199 days on market
Updated 67 days ago

Chatham Cash Flow King

Details
Property Type Retail, Land
Sub Type Commercial
Square Footage 4,743
Price per SqFt $32

Retail | 4,743 SqFt

Marketing description

Prime Investment Opportunity in Chatham, VA! This is your chance to acquire a meticulously balanced, income-producing asset with verifiable cash flow and significant long-term potential. Located at 29 Center Street, this robust property features four fully occupied units, providing an immediate, strong return on investment.

This property masterfully combines both commercial and residential rental demand, mitigating risk and maximizing tenancy rates. The commercial spaces include a turnkey beauty salon (with half bath) and a dedicated warehouse space (with half bath), serving the local business community. Complementing these are two residential apartments, each featuring a highly desirable 2-bedroom, 1-bath layout.

For the serious investor, the financials are the most compelling feature. All four units are tenant-occupied, offering immediate and reliable cash flow from day one. Current rental income analysis supports a valuation comfortably above the list price, positioning this property as an attractive buy for investors seeking both stability and inherent upside in their portfolio.

Chatham’s rental market remains consistently strong, driven by sustained demand for residential housing and commercial opportunities within this growing community. The property is conveniently located, providing tenants easy access to downtown amenities, which ensures continued high occupancy rates.

Don't miss the opportunity to secure a proven performer with a diversified tenant base and exceptional performance history. 29 Center Street isn't just a property; it's a strategically located investment designed for long-term growth and stable monthly income.

Invest in Chatham’s future today. Contact us for a detailed income statement and viewing appointment.

Listing Contacts

United Country Virginia Realty
United Country Virginia Realty
Listed by United Country Virginia Realty

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