Private rural settingEstablished fruit treesExisting animal fencing
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.
52 days
|
128
|
4
|
Zillow last checked:
Listing updated:
Listed by:
Vicki Seagle276-920-4431,
Short Way Real Estate Inc276-223-4018
Source: SWVAR,MLS#: 110341
Facts & features
Interior
Basement
Area: 0
Heating
Propane, Wood, Wood/Propane/Electric
Cooling
Wall/Window Unit(s)(s)
Appliances
Included: Oven, Refrigerator, Electric Water Heater
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.