205 Fairfield Ln Wytheville, VA 24382
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.
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
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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.