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Holston Realty

holstonrealty@gmail.com +1(423) 793-8109

Listed by Weichert Realtors-Short Way Real Estate

$525,000

Est. payment - /mo

640 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 640 sqft

Price per Sqft $820

Subdivision Wythe County

MLS Listing ID 110341

Year Built 2024

Annual Tax Amount $853

Tax Year 2024

Lot Size 8.290 Acres

Property Sub-Type Multi Family

Property Description

Rare-Multi-Family Investment Opportunity on 8.29 acres. This one-of-a-kind multi-family property offers exceptional income potential and unmatched versatility on 8.29 partially fenced acres in a private, rural setting. The crown jewel is a brand-new 2024-built main home featuring 1 bedroom, 1 bath and 640 sq. ft of thoughtfully constructed living space. Built for efficiency and comfort, it boasts closed-cell spray foam insulation in both walls and floors, 200-amp electrical service, propane heat with a wood stove backup-keeping energy costs low year-round. A code-compliant shed with finished rafters sits ready to be converted into an additional tiny home or studio, adding even more income-generating potential to an already impressive portfolio. The remaining 5 mobile homes vary in size, age, and heat source, offering a diverse mix of rental options to attract a wide range of tenants. Each residence features its own individual electric meter, simplifying billing and management significantly. Infrastructure highlights include 8 septic systems with 4 leach fields, all recently up to code and inspected and approved by the health department- a major capital expense already done for you. Four additional outbuildings provide storage, workshop, or further development opportunities. The land itself is a bonus: established fruit trees, existing animal fencing, and wide open space make this property equally suited for hobby farming, or homesteading alongside its investment potential. Whether you're an experienced investor seeking a turnkey multi-unit portfolio or a buyer looking to live on-site while generating rental income, this property delivers flexibility, infrastructure, and long-term value that's hard to find.

Location

State VA

County Wythe

Area Wythe County

Zoning co/res

Interior

Interior Features Newer Paint

Heating Propane, Wood, Wood/Propane/Electric

Cooling Wall/Window Unit(s)(s)

Flooring Wood

Fireplaces Type Wood Burning Stove

Fireplace Yes

Window Features Insulated Windows

Appliance Oven, Refrigerator, Electric Water Heater

Laundry See Remarks

Exterior

Exterior Feature Garden

Parking Features Gravel, Shared Driveway

Fence Fenced

Utilities Available Natural Gas Not Available

Waterfront Description None

View Y/N No

Water Access Desc Public

Roof Type Metal

Garage No

Building

Lot Description Wooded

Foundation Block

Sewer Septic Tank, Shared Septic

Water Public

Schools

Elementary Schools Spiller

Middle Schools Scott Memorial

High Schools George Wythe

Others

Acceptable Financing d56bbd2c34f9365ae22cdac080625e65

Listing Terms d56bbd2c34f9365ae22cdac080625e65

Virtual Tour https://tour.usamls.net/134190-Galilee-Church-Road-Wytheville-VA-24382--110341/unbranded

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Holston Realty

+1(423) 793-8109

REALTOR® TN/VA

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134/190 Galilee Church Road Wytheville, VA 24382

Holston Realty

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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