5656 Floyd Hwy Willis, VA 24380
This exceptional investment opportunity presents a meticulously remodeled duplex situated in the vibrant heart of Willis, Virginia. The property boasts a prime location, offering convenient access to essential amenities. Within easy walking distance, residents and tenants will find the Willis Village Mart, Jim's Grill, the post office, and a local bank, ensuring a high level of convenience and desirability. The property itself comprises two distinct units, each designed for comfortable living or rental income. Unit A features three bedrooms and one and a half bathrooms, while Unit B provides two bedrooms and one bathroom. Each unit is equipped with its own individual electric meter base, providing efficient utility management and separate billing. The property sits on a sizable 0.6-acre lot, offering ample space and potential for future development or expansion. This turnkey investment is priced competitively at $189,000, presenting a strong return on investment potential in a thriving community. The property's excellent location and well-maintained condition make it an ideal choice for both seasoned investors and those seeking a stable, income-generating asset. Don't miss this chance to acquire a valuable piece of Willis real estate. Contact us today to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.