Investment opportunity in the City of Galax, VA! This multi-unit duplex offers excellent income potential with one apartment already leased at $450/month through government-assisted housing. The lower unit is occupied and income-producing, while the upper unit has been completely gutted and is ready for renovation. Offering a blank slate to design as you wish. Each unit has separate power meters, its own oil heat monitor, and is connected to public water and sewer. An additional 0.3-acre lot with road frontage is included, providing space for expansion or added value. Some framing has already been completed for an optional third unit, making this an ideal project for investors or owner-occupants looking to build equity. With strong rental potential and flexible layout options, this property is ready for your finishing touches and vision. Conveniently located near downtown Galax and area amenities. Don't miss this opportunity to turn potential into profit! Make an Offer today!
For sale
$125,000
1003 W Stuart Dr, Galax, VA 24333
1beds
1baths
2,316sqft
Est.:
Duplex
Built in 1932
-- sqft lot
$149,700 Zestimate®
$54/sqft
$-- HOA
What's special
Road frontage
- 12 hours |
- 127 |
- 3 |
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