3782 W Lee Hwy - Apartments FOR SALE


Wytheville, VA 24382
$299,900 USD
276-620-5540
3782 W Lee Hwy, Wytheville, VA for Sale
$299,900 USD
Apartments - FOR SALE
1/67
null | 10.52% Cap Rate

3782 W Lee Hwy
Wytheville, VA 24382


HIGHLIGHTS

  • Fully Occupied!!
  • 3 Buildings!!
  • Location!

OVERVIEW

Come see all the potential of this versatile investment property located near downtown Wytheville featuring THREE separate apartments, a historic 1890’s 3 bedroom fixer-upper home, and workshop! Perfect for a multi-generational family; residence with on-site business or multiple long or short term rental units. The ground level apartment offers a sprawling 1-2 bdr/1 bth with laundry/storage room. Formerly a restaurant & bar, flea market, and auto sales lot, this unit could also be converted back to commercial space. Second apartment is a newly renovated 2 bdr/1bth with back deck, front porch, and workshop underneath. Third apartment is a newly renovated 3 bdr/1bth with pantry, brand new bathroom, washer & dryer hookups, unfinished bonus room or potential office space with lots of windows & separate back entrance, and large porch. Adjacent to the rentals is a two story, 3bdr fixer-upper with stately columns, original pine paneling & hardwoods, and large fenced yard. Call for more info!

FOR SALE DETAILS

PRICE

$299,900 USD

PRICE/SF

$69 USD /SF

# OF UNITS

4

PRICE/UNIT

$74,975

CAP RATE

10.52%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

W Lee Hwy Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

R4

APN/PARCEL ID

038-000-0000-0092

ASK ABOUT THIS PROPERTY

Cindy StuartBerkshire Hathaway Home Services Mountain Sky PropMore Info
276-620-5540

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Cindy StuartBerkshire Hathaway Home Services Mountain Sky PropMore Info
276-620-5540

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.