1165 N Independence Ave Independence, VA ^$ 235,000

1165 N Independence Ave

^$ 235,000

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1165 N Independence Ave

Independence, VA, 24348

^$ 235,000

Bedrooms6 Baths1.0 Sq 3,181

Monthly Estimate*

^$ 1,562

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Multi-Family Home for sale in Independence, VA

for $235,000 with 6 bedrooms and 1 full bath. This 3,181 square foot home was built in 1940 on a lot size of 0.48.

Great Tri-plex investment opportunity located just outside of Independence, Va. Each unit is a 2 bed 1 bath furnished with a stove and fridge. Tenants are responsible for their own water, sewer, and power. These units have central heating and cooling making them very efficient and desirable to rent. Less than 3 minutes to town, very close to local hardware stores, shopping, and dining. This property currently has a gross income of $20,580 with an increase of rent planned for 2024. Call today and don't miss a chance to own this income producing property!

Multi-Family Active

Price

^$ 235,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 754

Style

Triplex

Lot Size

0.48

Year Built

1940

Town/City

Independence

County/Region

Grayson

MLS | Web ID

91955

Features

General

Interior Features Ceiling Fan(s) Dry Wall Paneling Vinyl Floors

Sewer Public Sewer

Heating Baseboard Electric Heat Pump Space Heater

Cooling Electric Mini Split Wall/Window Unit

Roof Metal Shingle

Appliances Range/Oven Refrigerator

Laundry Y/N Other-See Remarks

Water Heater Electric

Exterior Features Gravel Driveway Out Buildings Paved Street Shed

Exterior

Garage/Carport No

* Excluded Features

List By

Bhhs- Mountain Sky Properties-Hillsville

Broker

josephdixonrealty@gmail.com

Affordability Calculator

$1,625

Per Month

Monthly Principal & Interest: $1,562
Monthly Property Taxes: $63
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Independence, VA

Average List Price ^$251,333

Percent of Sale Price 7%

About Independence, VA

799 Population

-9% Since 2002

^$31,139 Median Income

48.75 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1875369 Elementary School

1875330 Middle School

Grayson County High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/27/2023	$235,000		Listed Price

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1165 N Independence Ave, Independence, VA, 24348 is a Multi-Family Home for sale at $235,000 with 3,181 sqft and a lot size of 0.48. 1165 N Independence Ave has 6 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 24348 which is in Independence, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Virginia Association of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Virginia Association of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/23/2024.

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1165 N Independence Ave

Multi-Family Home for sale in Independence, VA

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