765 Water Wheel Road, Galax, VA 24333
- $550,000
- 2,788
- SqFt
- List Price
- $550,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 428661
- Style
- Contemporary, Ranch
- Living Area
- 2,788
- Acres
- 3.30
- MLS Area Major
- Grayson County
Property Description
Twin Brooks Lodge offers a rare investment opportunity combining income-producing apartments, historic charm, and unique property features. Originally built to accommodate tourists as an Airbnb, the property now provides housing for five full-time tenants. The apartment building features five efficiency apartments, including one handicap-accessible unit. Each apartment offers 1 bedroom, 1 bath, a living area, and an eat-in kitchen equipped with a refrigerator, microwave, hot plate, and sink. Hardwood floors and mini-split heating and cooling provide comfort and easy maintenance. Adding to the property's character is a 2 bedroom historic log cabin, previously used as a rental and currently vacant add more income producing potential. The cabin is being sold as-is. Additional historic features include a log kitchen/shelter and a grist mill. Enjoy the peaceful setting and soothing sounds of two streams flowing through the property. A truly unique investment property.
Additional Information
- Taxes
- $952
- Property Description
- Contemporary, Ranch
- Flooring
- Hardwood, Vinyl
- Heating
- Baseboard-Electric, Ductless / Mini Split
- Air Conditioning
- Central Electric, Ductless / Mini Split
- Levels
- One
- Parking
- Off Street Parking, One Car/Unit
- School District
- Grayson County
- Elementary School
- Fries
- Middle School
- Grayson Highlands
- High School
- Grayson Highlands
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Listing courtesy of Berkshire Hathaway Home Services Mountain Sky Properties-Wythev.