1903 Lovers Gap Road
Vansant, VIRGINIA 24656 – $499,900

Property Listing Photo
1 of 14
Property Listing Photo
2 of 14
Property Listing Photo
3 of 14
Property Listing Photo
4 of 14
Property Listing Photo
5 of 14
Property Listing Photo
6 of 14
Property Listing Photo
7 of 14
Property Listing Photo
8 of 14
Property Listing Photo
9 of 14
Property Listing Photo
10 of 14
Property Listing Photo
11 of 14
Property Listing Photo
12 of 14
Property Listing Photo
13 of 14
Property Listing Photo
14 of 14
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo
Property Listing Photo

Excellent Investment Portfolio with an immediate 12+% ROI, and with the final office space rented, will bring as much as a 17+% ROI. This property consists of 4 structures. Structure #1 is a free standing commercial building, currently rented by the US Post Office for over 30 yrs, and renew with long term contracts. Structure #2 is an 8,000 SqFt free standing commercial building with 4 office spaces consisting of 2000 SqFt each. Three of these office spaces are rented, and renew with long term contracts. Structures #3 & #4 are single family dwellings that have been rented by the same tenants for decades. Both residential structures can also be utilized as commercial offices if desired. Both commercial structures are GSA (Government Services Approved), and automatically renew every year. Each structure has been remodeled, has new metal roofs, HVACS, and so much more. All details, including the 2018 P&L are on file. Call listing agent for appointment.


Street Address
1903 Lovers Gap Road
City
Vansant
Price
$499,900
Property Type
Multi-Family
Status
Active
MLS Number
424236
Virtual Tour
Year Built
1985
Architectural Style
1 Story,2 Story
State
VIRGINIA
Lot Size
N/A
Property Sub Type
Other
Zip Code
24656
Cooling
Central,Heat Pump
Roofing
Metal
Heating
Central,Heat Pump
County
BUCHANAN
Elementary School
OUT OF AREA
Middle School
OUT OF AREA
High School
OUT OF AREA
Listing Office
KW JOHNSON CITY
Date Listed
2019-07-10

Interior Features


Exterior Features


Appliances

Contact us about 1903 Lovers Gap Road
Vansant, VIRGINIA 24656 – $499,900

  • If you want information on any additional properties, please include their address(es) in this field as well.

Some listings on this page identified as belonging to another listing firm are based upon data obtained from the Northeast Tennessee and Southwest, VA MLS, which data is copyrighted by the Northeast Tennessee and Southwest Virginia REALTORS®, but is not warranted. Listing information deemed reliable but not guaranteed; the listing broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. The listings presented here may or may not be listed by this web site’s agent. Listing information is being provided by the Multiple Listing Service is copyright 2009 by those associations or their data partners and is intended for the personal use of consumers. Unauthorized duplication, use, or linkage is prohibited.