About This Home

This 2-bedroom, 1-bathroom single family at 5239 Us Hwy 421 in Pennington Gap, VA is listed for $120,000 ($60 per sqft). Built in 1960, the home offers 2,000 sqft of living space on a 0.50 acres lot.

Key Features

  • Built in 1960
  • 0.50 acre lot
  • 2 stories

Property Details

2 stories
1 full
1960

Amenities

A/C
Listing Description

Residential/Investment property with the versatility of a lower level commercial garage. Opportunity awaits with this solid block building featuring a 2-bedroom, 1-bath apartment on the upper level. The residence has updated electrical and is separately metered from the lower level, making it ideal for live-work or rental scenarios.

The lower level includes two spacious garage bays, each with its own large rear storage room featuring gravel flooring-perfect for workshop, storage, or light industrial use. Situated on a 0.5-acre lot, the property also offers secondary water and sewer hookups, adding flexibility for future expansion.

The building is located on a busy highway for optimal visibility. A great investment opportunity with mixed-use potential in a growing area. Personal items from garage bays have been removed--new photos. Priced below tax assessment. Buyers and buyers agents to verify the information contained in this listing. Subject to Errors & Omissions.

Monthly Cost Estimate

$642/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

5239 Us Hwy 421

Pennington Gap, VA 24277

Not In Subdivision

Property Details

Flooring

CarpetLaminate

Construction

Block

Outdoor Features

Deck

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Central AirHeat Pump

Appliances

DishwasherElectric RangeRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5239 Us Hwy 421 is listed at $120,000 ($60/sqft). The estimated monthly payment is $642 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 0.50 acre lot, 2 stories.

This property is listed by Virginia Roberts and can be reached at 2762192213.

VR

Virginia Roberts

License 0225239196

Agent at RIDGEVIEW REAL ESTATE

(276) 219-2213

Listed by RIDGEVIEW REAL ESTATE · Broker phone: 2763280055 · View on Broker Site

MLS# 9984820· Source: Tennessee Virginia Regional Multiple Listing Service· 280 days on PropertySimple

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5239 Us Hwy 421, Pennington Gap, VA 24277

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