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$109,900   Price Analysis
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4337 Midland Trl
Covington, VA 24426
2 bed 1 bath 576 SqFt ($190/SqFt)
3.5 acre lot. Built 1930
Listed 2024-07-01
USDA Eligible
near Covington, VA
 

Investment Potential!!

Six rental homes on 3.5 acres in the Callaghan area of Alleghany County, VA. These home range from 576 sq ft to 1032 sq ft and some have one and some have 2 bedrooms.

These homes are always rented out and some tenants have been there over 30 years. The homes need some work but have newer roofs. The list price is a lot lower than th assessed value, give us a call to view.


Presented by Janie Tyree at
Mountain River Realty.
Listing Agent Photo

Property MLS #138606 from Rockbridge

Bedrooms: 2

Total Bathrooms: 1.00
Full Bathrooms: 1

Basement Features: Crawl Space

Flooring: Vinyl

Road Frontage Type: Road Frontage: State Road
Road Surface Type: Road Surface Other: Paved

Lot Size Acres: 3.5
Lot Size Square Feet: 152460

Elementary School: Callaghan
High School: Alleghany High

Callaghan Elementary School is a public elementary school located approximately 0.6 miles away.
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Alleghany High School is a public high school located approximately 10.1 miles away.
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Clifton Middle School is a public middle school located approximately 11.8 miles away.
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Boys' Home School is a private elementary, middle and high school located approximately 3.7 miles away.
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Existing Lease Type: Monthly

Number of Units: 6

Annual Tax Amount: 1333.71
Source Listing Status: Active
County: Alleghany
Directions: From Covington take Route 60 West (MIdland Trail) , go past the fire house and the houses are on the right with 3 on the main road and 3 up on the hill.
Source Property Type: Multi-Family
Area: Alleghany
Source Neighborhood: Alleghany
Parcel Number: 03700-00-000-0280
Zoning: Agricultural
Source System Name: C2C

Listed 2024-07-01
$109,900
Rockbridge

Total Square Feet Living: 576
Year Built: 1930
Building Exterior Type: Stucco
Property Age: 94
Roof: Shingle
Levels or Stories: 1
House Style: Detached Units

Water Source: Shared Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.