How Does Saved Listings Work?

To save a listing to your list of favorites, click into the listing you're interested in and simply click the "Save Listing" button from the listing details page.

You have now saved your listing!

To view your saved listings, click on the top " Saved Listings" link at the top of the screen near the menu. Save as many as you want and catalog them with this easy-to-use feature!

This feature works by storing an HTTP cookie on your machine to store and retrieve your list of favorites. To clear all favorite listings, simply clear out your browser's cookies (under the browser's settings).

201 South 5th Street, Big Stone Gap, VA 24219 - $149,000

« Back | Home

Property Facts

Property Type: Multi Family

Sub Type: Multi Family

Status: Active

Year Built: 9999

Lot Acreage: 0.2

Lot Dimensions: 0.2

City Taxes: $501.16

County Taxes: $785.91

Elementary School: Union

Middle School: Union

High School: Union

Description

Exceptional multi-unit investment opportunity in a prime location! Welcome to 201 and 203 E 5th Street a cash-flowing property packed with potential and positioned just steps from the popular Greenbelt walking track, shopping, dining, and local amenities. This unique income-producing property currently generates approximately $2,000 per month and features: * Commercial storefront space with a long-term tenant in place * Three 1-bedroom apartments * One 2-bedroom apartment * Additional large storage area with the potential to be converted into another income-producing unit One of the 1-bedroom apartments previously experienced fire damage that was isolated to that unit only and will require a full rehab, creating the perfect value-add opportunity for investors looking to increase rents and overall property value. With multiple income streams, expansion possibilities, and a highly convenient in-town location, this property is ideal for investors seeking strong upside potential. Whether you're looking to expand your rental portfolio, create additional units, or maximize commercial and residential income together, opportunities like this don't come around often. Endless possibilities await at 201 and 203 E 5th Street!

Features & Amenities

  • Electric Heating
  • Level Lot
  • One-Level
  • Public Water
  • Vinyl Siding Exterior
  • Window Unit(s)

Listing Courtesy

Park Hill Realty Group, LLC