About This Home
This 4-bedroom, 2-bathroom multi-family at 308 Armory Road in Galax, VA is listed for $250,000 ($102 per sqft). Built in 1988, the home offers 2,448 sqft of living space on a 0.25 acres lot.
Key Features
- Built in 1988
- 0.25 acre lot
Property Details
Amenities
Excellent investment opportunity in a desirable Galax location! This duplex-style property features two spacious rental units, each offering a full basement and private garage-valuable features that provide tenants with additional storage, parking, and usable space.
The property offers established rental income with the potential for continued long-term returns, making it an attractive option for both experienced investors and those looking to add a smaller multifamily property to their portfolio. The townhouse-style layout gives each unit a more private, residential feel while still providing the efficiencies of owning multiple rental units under one property.
Conveniently located just a short drive from downtown Galax and area amenities, this property combines a desirable location with strong rental functionality. With two units, two garages, full basements, and an established rental history, this is a great opportunity for an investor looking for immediate income with future potential.
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
308 Armory Road
Galax, VA 24333
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 308 Armory Road is listed at $250,000 ($102/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1988, 0.25 acre lot.
This property is listed by Christopher Fox and can be reached at 2766170189.
