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Contact Information
Sara Shupe
(C) (276) 237-9920
Weichert Realtors-Short Way Real Estate
(M) (276) 223-4018
1205 E. Main Street
Wytheville VA 24382
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Listing Details
MLS Number: 84036
List Price: $342,900
Property Type: Multi-Family Other
County: Wythe
Area: Max Meadows
Street #: 2065-73
Address: Castleton Road
City: Max Meadows
State: VA
Zip Code: 24360
Apx Total Acreage: 5
Total Finished SqFt: 5408
Total Unfinished SqFt: 0
Other SqFt: 0
Property Status: A
Listing Agent: Sara Shupe (#:203)
Listing Office: Weichert Realtors-Short Way Real Estate (#:252)
Addendum: Seller financing available!! There is one well that currently services the neighboring house and apartment buildings, and the additional well are up in the 5 acre vacant land that is currently not being used. County water is also installed on the property and ready to be hooked up to the buildings. Wythe Co. does charge a monthly non-user fee of $20.79 for each building (x3) until county water is utilized. In the event the property is sold, and not purchased with the house at 2075, the deed will require shared access to the well and septic. Both well and septic are on the lot owned by 2075 Castleton Road, both properties also have the option of installing public water to the units at the buyer's expense. The house at 2075 Castleton Road is also for sale and they are currently listed both together as one listing, or separately.
Public Remarks: Investment property with low operating expenses for sale! 5 units including (3) 1 bed/1bath apartments, (1) 3 bed/1 bath apartment, beauty salon, 19x30 garage, and another unused space that could make another studio unit, or shop for additional income, and a total of 5 acres of land with additional well. Most tenants are long term and are currently on month to month leases. Property is <4 miles to I-77 or <10 miles to I-81 and <4.5 to New River Trail State Park and Foster Falls State Park. Fully rented income producing properties come with 2 apartment buildings (2065, 2067, 2073, 2073A, and 2073B). Owners have done several upgrades, that can be provided to potential buyers with certification of funds or preapproval letter. Two units are fully remodeled. Some of the units also have new heating units, appliances, and upgraded PEX plumbing. All showings require at least 24 hour notice. The exterior is cinderblock with a metal roof.
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