134/190 Galilee Church Rd, Wytheville, VA 24382

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List Price
$525,000
Status
ACTIVE
MLS#
110341
Subtype
Residential Income
Year Built
2024
Living Area
640
Lot Size
361,112
Acres
8.29
MLS Area Major
Wythe County

Property Description

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.

Additional Information

Interior Features
Newly Painted
Exterior Features
Garden
Taxes
$853
Zoning
co/res
Flooring
Wood
Appliances
Oven, Refrigerator, Electric Water Heater
Heating
Propane, Wood Stove
Roof
Metal
Foundation
Block
Parking Features
Gravel, Shared Driveway
Elementary School
Spiller
Middle School
Scott Memorial
High School
George Wythe

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Listing courtesy of Short Way Real Estate Inc.