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Property profile & analytics
OFF-MARKET
Residential income homes

205 Fairfield Ln Wytheville, VA 24382

4,696 SF 0.38 ac lot
Property ID
US87-3244317
Property summary
AI-generated overview

Exceptional investment opportunity in Wytheville, Virginia, featuring a portfolio of four townhouses located at 205, 215, 225, and 235 Fairfield Ln. This multifamily property comprises 4,696 square feet across four separate parcels totaling 0.384 acres. Each townhouse boasts two bedrooms, two bathrooms, and an attached garage, offering spacious closets and open living areas. Currently leased individually, the properties generate a combined monthly rental income of $4,600, totaling $55,200 annually. The well-maintained townhouses feature low-maintenance exteriors and well-kept interiors, situated in a desirable location convenient to shopping and dining. This turnkey investment is ideal for those seeking immediate rental income in Wytheville's thriving real estate market. Parcel numbers are 24D-1-21, 24D-1-2J, 24D-1-2K, and 24D-1-2L. The asking price for this entire portfolio is $980,000.

Property profile
Verified
Property type Residential income homes
Total area 4,696 SF
Lot 0.38 ac (16,727 SF)
UPID US87-3244317
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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