Megan Napier
Call: (804) 314-9935
Unique investment and business opportunity set on 3 private acres with multiple income streams already in place. This versatile property features a duplex with two rental units?a 2-bedroom unit on the first floor and a studio apartment on the second?both recently remodeled inside, offering turnkey residential income or owner-occupancy with supplemental rent. The property also includes a separate shop building with its own address, septic system, and established rental income. The shop offers flexibility for a wide range of business uses, making it an excellent option for entrepreneurs, contractors, or investors seeking commercial potential alongside residential income. A shared well services both the duplex and shop. Additional features include a detached garage building, providing ample storage or workspace. With three total rental opportunities and mixed-use flexibility, this property is well-suited for investors looking to expand their portfolio or buyers seeking a live/work setup. Being sold as-is, offering strong upside potential for the right buyer, with potential to achieve approximately a 10% gross ROI based on current rental performance.
Listed By
Agency Name: Iron Valley Real Estate Hampton Roads
Agency Phone: 757-645-9700
Shown By
Agent Name: Megan Napier
Agent Phone: (804) 314-9935
Agency Title: Napier Realtors ERA