Multiple Unit Investment Property! 3 Mobile Homes (all conveying), 1 Brick Cottage, 1 Vacant Cabin, and space to add up to 2 more mobile homes with utility hookups available. This property has a monthly gross cash flow of $2,340 with the potential to be increased. $990 of the monthly income is paid automatically through HUD, the remainder is paid in cash. Perfect for IRA investors, this property is being offered at a 12.6% return on investment. Unit 1 is 2 bed 2 bath and features a new metal roof, lvp flooring, heat pump, and updated bathrooms. Unit 2 is a 2 bed 1 bath with a central electric heat. Unit 3 is a 2 bed 1 bath with central electric heat and various improvements. Unit 4 is a 2 bed 1 bath with electric heat, metal roof and various improvements. The rent roll per month of the 4 occupied units in order previously listed is $700, $450, $575, $615. One could have 7 units on this property. Call now! Agent has ownership interest in property.
Sold for $167,500
$167,500
4 Units Thomason Ln, Galax, VA 24333
2beds
1,102sqft
Single Family Residence, Mobile Home
Built in 1950
1.02 Acres Lot
$172,300 Zestimate®
$152/sqft
$-- Estimated rent
Home value
$172,300
Estimated sales range
Not available
Not available
Zestimate® history
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List your homeWhat's special
Brick cottageVacant cabinUpdated bathroomsCentral electric heatLvp flooringNew metal roof
Zillow last checked:
Listing updated:
Listed by:
Joseph Dixon 276-237-0775,
BHHS- Mountain Sky Properties-Hillsville 276-728-9500
Bought with:
Tina Hayes, 0225238003
BHHS- Mountain Sky Properties, Wytheville
Source: SWVAR,MLS#: 98142
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bathroom
- Level: Main
Bathroom 2
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Basement
- Area: 0
Heating
- Baseboard, Central, Electric, Heat Pump, Propane
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dryer, Range/Oven, Refrigerator, Washer, Electric Water Heater
- Laundry: Main Level
Features
- Ceiling Fan(s), Newer Paint, Paneling, High Speed Internet
- Flooring: Newer Floor Covering
- Windows: Single Pane
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,102
- Total interior livable area: 1,102 sqft
- Finished area above ground: 1,102
- Finished area below ground: 0
Property
Parking
- Parking features: None, Paved
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch Covered, Porch Open
- Exterior features: Mature Trees
- Has view: Yes
- View description: Creek
- Has water view: Yes
- Water view: Creek
- Waterfront features: None
Lot
- Size: 1.02 Acres
- Features: Other
Details
- Additional structures: Outbuilding
- Zoning: RES
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Cottage
- Property subtype: Single Family Residence, Mobile Home
Materials
- Aluminum Siding, Brick, Vinyl Siding
- Foundation: Block, Permanent
- Roof: Metal,Shingle
Condition
- Exterior Condition: Average,Interior Condition: Average
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Not Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Galax
Financial & listing details
- Price per square foot: $152/sqft
- Annual tax amount: $1,169
- Date on market: 12/10/2024
- Body type: Single Wide
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Sold | $167,500-6.9%$152/sqft |
Source:  SWVAR #98142 Report a problem | ||
| 4/23/2025 | Contingent | $179,900$163/sqft |
Source: SWVAR #98142 Report a problem | ||
| 12/10/2024 | Listed for sale | $179,900$163/sqft |
Source: SWVAR #98142 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 24333
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Nearby schools
GreatSchools rating
- 4/10Galax Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Galax Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Galax High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Galax
- Middle: Galax
- High: Galax
Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Virginia
- Galax City
- Galax
- 24333
- 4 Units Thomason Ln
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