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1583 Edgewater Dr

By Owner
GRUNDY, VA, 24614
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Property Description

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5 Bedrooms

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5.0 Baths

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4,000 SQ FT

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0.23 Acres

$440,000

About this home

Welcome, savvy investors and discerning home seekers, to this solid and soundly-constructed multi-unit residential investment proposal. Strategically located within easy strolling distance of ASL, this property boasts five consistently leased, fully-equipped 1-bedroom, 1-bathroom units, each offering well-maintained spaces for convenient living. Residing on a generous 0.23-acre parcel, this property offers a strong investment portfolio cornerstone. The buildings are attractively situated off the floodplain, ensuring no requirement for flood insurance, and therefore, reducing your overhead costs. Adding to the appeal, the sale of this property comes with an exciting bonus; it includes the neighboring lot across Sharon Street, known as 1561 Edgewater. The potential for development or resale adds a wealth of opportunities for any ambitious investor. But the bounty doesn't stop there. There's more! An adjacent lot, stationed down at 1539 Edgewater, is also potentially available for acquisition. It comes with an attractive $37,000 property valuation, according to Buchanan County property search. Every unit comes complete with needed appliances, providing a turnkey investment for the savvy buyer. Don't wait around and let this incredible opportunity pass you by. Reach out and secure your smart real estate investment today!

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