Current Use by Public Records
- Commercial real estate
Property Details for 5656 Floyd Hwy
- Year built
- 1950
- Lot size
- 0.60 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Willis
- County
- Floyd
- State
- Virginia
- Longitude
- -80.4835
- Latitude
- 36.8573
