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5918-5938 N Lee Highway, Fairfield, VA 24435

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For Sale

$449,000

17 beds11 baths10,323 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $43.50
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

INVESTMENT OPPORTUNITY: 8-unit residential rental portfolio centrally located in Fairfield, VA at I-81 exit 200 provides strong cash flow and high long-term occupancy. Over $47,000 of annual in-place rent with potential upside to rents with improvements. Three separate tax map parcels totaling 6.29 acres with long frontage on U.S. Rt. 11 provides exciting future redevelopment potential. The portfolio is comprised of the ''Black and White Cabins'' property, featuring one single family cabin and two duplexes, and the ''Conners'' property, offering a large single family brick residence and two singlewide manufactured homes. Property is sold AS IS with qualified buyers strongly encouraged to conduct due diligence prior to a contract.
MLS# 139420

Courtesy Of James Wm. Moore Real Estate Co.

(540) 460-4602

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Baseboard
  • Lot Size
    6.29 Acres

Home seller CENTURY 21 Realty @ Home

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty @ Home

(434) 395-1225
Learn More About Us

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Monthly Payment Breakdown

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