Investment Home for Sale in Floyd Va

Description

Investment
Home for Sale in Floyd VA

This
brick ranch awaits its new owners! This 3 bedroom, 3 bath home is very spacious
with 2,992 sq ft of living space. There is carpet throughout most of the home,
hardwood in the bedrooms, and tile in the baths. The full, walk out basement is
partially finished with 2 additional rooms that could serve as non-conforming
bedrooms, the 3rd bath, and a rec or family room. Under the attached
2 car garage you will find an unfinished area that has served as lawnmower
storage in the past. The home has an HVAC system and woodstove. Home has a
newer metal roof, hot water heater and a well pump which was installed in 2018.
This home is fantastic for someone with a vision to bring it back to life. Home
has solid bones but needs TLC, upgrades, and modernization.

The
home sits on a level 1.151 acre lot. There is a detached outbuilding, perfect
for equipment or extra storage. A new survey was just completed. Home is served
by a private well and septic system. It is located less than a mile from the
Town of Floyd. Enjoy the quiet, peaceful setting on the large back deck, while
being minutes from all the restaurants, schools, gas stations and entertainment
the Town of Floyd has to offer. Don’t miss your chance to own this brick ranch
in Floyd, VA!

Property Highlights:

Square Footage: 2,992 sq. ft.
(1,496 main + 1,496 basement)
Acreage: 1.151 acres
Bedrooms: 3
Baths: 3 full
Year Built: 1970

Online Auction Ends Wednesday,
November 5th at 4 PM
375 Barberry Rd., Floyd, VA 24091

Click Here for
Bidder Packet
Click Here for
Interactive Map
Click Here for Property Video

PREVIEW DATES: October
18th at 9 AM and October 23rd at 4 PM

CONTACT INFORMATION:
Auctioneer: Matt Gallimore | 540-239-2585 Gallimore.Matt@gmail.com
Realtor: Doug Weddle | 540-239-0757 | DougWeddleRealtor@gmail.com

DIRECTIONS: From the
stoplight in Floyd VA – take 221 N towards Roanoke, turn right onto Barberry
Road. Home is on the right in approximately 0.7 miles. See signs.

BIDDER
PACK: Download Bidder Pack for complete information. Bidder Pack has maps,
complete terms and conditions, sample contracts, tax cards, and restrictions.
Some of the plats in Bidder Pack may have notations and boundaries created by
Auctioneer for illustration purposes, however unchanged surveys are in Bidder
Pack as well.

SOFT CLOSE: If a
bid is received within the last 2 minutes of the auction or after 4 PM,
the auction close time will automatically extend 2 minutes to allow other
bidders an opportunity to competitively bid prior to the auction closing. This
feature eliminates “snipers” and encourages fair and impartial bidding from all
participants.

BUYER’S PREMIUM – TEN
PERCENT (10%): Buyer’s Premium shall be added to the final online bid,
which will determine the Total Contract Sales Price. Bidders hereby acknowledge
and understand that the Buyer’s Premium will be added to the winning bid to create
the Total Contract Sales Price for which they are obligated to pay for the
property. Example: (winning online bid $100,000 + 10% buyer’s premium = total
purchase price of $110,000). Buyer’s Premium is not due until closing.

PRE-AUCTION SALES: As an
agent for the Seller, the Auctioneer must present any and all bona fide written
offers to the Seller, which may be created outside of the online bidding
platform. Therefore, all properties are subject to pre-auction sales.
Pre-auction offers must meet all off the auction terms and conditions and must
be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along
with the required earnest deposit. Properly submitted offers will be presented
to the Seller in a timely manner. Seller may accept or reject such offer at
their sole and absolute discretion. When a pre-auction offer is submitted, all
properly registered online bidders will be notified that “an offer” has been
submitted and on which specific property, however the amount of the offer shall
remain confidential. All pre-auction offers must allow a minimum of 24 hours
for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a
cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction
offers that are properly completed and submitted on the appropriate forms provided.
Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and
property information.

TERMS & CONDITIONS:
10% Buyer’s Premium will be added to final high bid to arrive at contract
price. Earnest Money Deposit of $5,000 is required on the day of
sale. Close on or before December 22nd, 2025. Subject to
seller confirmation. Property sold as is, where is with any and all faults.
Buyer is expected to complete their own due diligence before placing a bid.
Auction starts ending at 4 PM on November 5th, 2025. Please note
that during the last two minutes of bidding, if a new bid is placed, the clock is
automatically extended an additional two minutes. Be sure to register to
bid early to ensure you receive notifications regarding any changes to the
Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder
Information Pack for complete terms and conditions, purchase contract and maps.