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29000200
29000211

2497 Slate Creek Rd., Grundy, VA 24614 For Sale

Landmark Realty
Listed by Landmark Realty
$389,000
290 days on market
Updated 1 day ago

2497 Slate Creek Rd.

Details
Property Type Mixed Use
Sub Type Mixed Use, Other
Square Footage 1,400
NOI $21,000
Year Built 1995
Zoning Commercial

Mixed Use | 1,400 SqFt

Marketing description

This exceptional investment property is located just steps from the Appalachian School of Law and within minutes of local shopping, dining, and everyday conveniences. The duplex offers two spacious units, each with 2 bedrooms and 1 bathroom, along with a garage underneath for secure parking or extra storage. The property also includes a 3-bedroom, 2-bathroom doublewide, providing comfortable living space with an open layout ideal for tenants or owner occupancy. Both the duplex and the doublewide feature durable metal roofs for long-term protection, and there is an outbuilding on-site for additional storage needs. With its prime location and strong income potential, this property is a rare opportunity to expand your rental portfolio or enjoy the benefits of multi-unit ownership in one of Grundy's most convenient areas.
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Listing Contacts

Landmark Realty
Listed by Landmark Realty

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$21,000.00
$1,750.00/mo

Valuation Metrics

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DSCR
5.4%
Cap Rate
5.4%
ROI

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