765 Water Wheel Road, Galax, VA 24333
765 Water Wheel Road, Galax, VA 24333
765 Water Wheel Road, Galax, VA 24333
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Listed by BHHS- Mountain Sky Properties, Wytheville
$550,000
Est. payment /mo
7 Beds
2 Baths
2,788 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,788 sqft

Price per Sqft $197

Subdivision Galax

MLS Listing ID 111882

Bedrooms 7

Year Built 2004

Annual Tax Amount $952

Tax Year 2024

Lot Size 3.300 Acres

Property Sub-Type Multi Family

Property Description

Twin Brooks Lodge offers a rare investment opportunity combining income-producing apartments, historic charm, and unique property features. Originally built to accommodate tourists as an Airbnb, the property now provides housing for five full-time tenants. The apartment building features five efficiency apartments including one handicap-accessible unit. Each apartment offers 1 bedroom, 1 bath, a living area, and an eat-in kitchen equipped with a refrigerator, microwave, hot plate, and sink. Hardwood floors and mini-split heating and cooling provide comfort and easy maintenance. Adding to the property's character is a historic log cabin, previously used as a rental and currently vacant. The cabin is being sold as-is. Additional historic features include a log kitchen/shelter and a grist mill, creating a truly distinctive property with potential for additional income, personal use, or continued preservation of its unique history. Residents share a spacious laundry area with plenty of room for washing, folding, and organizing. Outside, a large covered porch with a handicap-accessible ramp provides a welcoming space to gather and relax while enjoying the peaceful surroundings and the soothing sounds of two streams flowing through the property. Whether you're an investor seeking rental income, someone looking for a unique property with multiple possibilities, or simply drawn to historic character and natural beauty, Twin Brooks Lodge deserves a closer look!

Location

State VA

County Grayson

Area Galax

Zoning RES

Rooms

Basement Crawl Space, Dirt Floor

Interior

Interior Features Vaulted Ceiling(s)

Heating Ductless

Cooling Mini Split, 1 Bdrm-Central A/C

Flooring Vinyl, Wood

Fireplaces Type Gas Log, Ventless, Three or More

Equipment Satellite Dish

Fireplace Yes

Window Features Insulated Windows

Appliance Microwave, Refrigerator, Washer, Dryer, Electric Water Heater

Laundry Common Area, Laundry Room, Main Level

Exterior

Parking Features Common, Paved

Fence Fenced

Utilities Available Propane

Waterfront Description Stream,Creek

View Y/N Yes

Water Access Desc Well

View Creek/Stream

Roof Type Shingle

Garage No

Building

Lot Description Stream, Wooded

Foundation Block

Sewer Septic Tank

Water Well

Schools

Elementary Schools Fries

Middle Schools Grayson County

High Schools Grayson County

Others

Acceptable Financing de9310fd24ee81552cff4339ca081da6

Listing Terms de9310fd24ee81552cff4339ca081da6


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Holston Realty

Holston Realty

+1(423) 793-8109

REALTOR® TN/VA

REALTOR® TN/VA

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