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166 Warner Myers Rd, Pennington Gap, VA 24277

Pennington Gap
Local realty services provided by:CENTURY 21 Legacy
166 Warner Myers Rd,Pennington Gap, VA 24277
$247,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:
  • Listing agent0
    D. J. Wilder(865) 567 - 9577
    CENTURY 21 Virginia Wilder Real Estate
Office: century 21 virginia wilder real estate
MLS#:1348143
Source:TN_KAAR

Price summary

  • Price:$247,500

About this home

Turnkey Multifamily Investment Opportunity - 6-Unit Apartment Building with a current 9.59% CAP rate (and lots of room to grow) Income-producing multifamily assets of this size rarely become available in the Lee County market. This 6-unit apartment building presents an outstanding opportunity for investors seeking immediate cash flow, long-term appreciation, and the stability that comes with multiple income streams. Whether you're expanding an established portfolio or purchasing your first multifamily investment, this property offers the scale to generate consistent rental income while reducing vacancy risk through diversified units. With six separate rental opportunities under one roof, investors can benefit from stronger cash flow potential than traditional single-family rentals. Conveniently located in Pennington Gap, the property offers easy access to local employers, schools, shopping, and everyday amenities, helping support continued tenant demand. As rental inventory...

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Home facts

  • Year built:1984
  • Subdivision & Development:Part Of Tract 3
  • Listing ID #:1348143
  • Added:103 day(s) ago
  • Updated:October 26, 2026 at 02:43 PM

Rooms and interior

  • Flooring:Carpet, Laminate, Tile, Vinyl

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1984
  • Construction Materials:Frame

Finances and disclosures

  • Price:$247,500

Parking

  • Parking description:Off-Street Parking, On Premise Parking

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