765 Water Wheel RD, Galax, VA 24333
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765 Water Wheel RD, Galax, VA 24333
765 Water Wheel RD, Galax, VA 24333
765 Water Wheel RD, Galax, VA 24333
765 Water Wheel RD, Galax, VA 24333
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Travis Wagoner

Travis Wagoner

+1(540) 835-9869
$ 550,000
Est. payment /mo
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765 Water Wheel RD Galax, VA 24333

2,788 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment Building

Listing Status Active

Purchase Type For Sale

Square Footage 2,788 sqft

Price per Sqft $197

MLS Listing ID 428661

Style Contemporary,Ranch

Annual Tax Amount $952

Tax Year 2024

Lot Size 3.300 Acres

Property Sub-Type Apartment Building

Property Description

Twin Brooks Lodge offers a rare investment opportunity combining income-producing apartments, historic charm, and unique property features. Originally built to accommodate tourists as an Airbnb, the property now provides housing for five full-time tenants. The apartment building features five efficiency apartments, including one handicap-accessible unit. Each apartment offers 1 bedroom, 1 bath, a living area, and an eat-in kitchen equipped with a refrigerator, microwave, hot plate, and sink. Hardwood floors and mini-split heating and cooling provide comfort and easy maintenance. Adding to the property's character is a 2 bedroom historic log cabin, previously used as a rental and currently vacant add more income producing potential. The cabin is being sold as-is. Additional historic features include a log kitchen/shelter and a grist mill. Enjoy the peaceful setting and soothing sounds of two streams flowing through the property. A truly unique investment property.

Location

State VA

County Grayson

Area Grayson County

Rooms

Basement Crawl Space, None

Interior

Heating Baseboard-Electric, Ductless / Mini Split

Cooling Central Electric, Ductless / Mini Split

Flooring Hardwood, Vinyl

Heat Source Baseboard-Electric, Ductless / Mini Split

Exterior

Exterior Feature Block, Other - See Remarks

Parking Features Off Street Parking, One Car/Unit

Roof Type Shingle

Building

Sewer Septic

Water Well

Schools

Elementary Schools Fries

Middle Schools Grayson Highlands

High Schools Grayson Highlands

School District Grayson County

Listed by Berkshire Hathaway Home Services Mountain Sky Properties-Wythev

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765 Water Wheel RD