Downtown Chatham, Va Investment Property with 4 Income Units

Description

#7061-#70519

Prime Chatham Location: 2 Apartments + Wood & Beauty Shops!

Located in the heart of downtown Chatham, Virginia, this versatile investment property presents a valuable opportunity for steady rental income. The property features two well-maintained apartments on the upper floor, each offering a comfortable living space with two bedrooms, a cozy living room, a functional kitchen, and a full bath. These apartments are appealing to renters seeking a central location and charming downtown atmosphere, each renting for $500 per month.

The lower level of the property expands its income potential, housing a fully operational wood shop and a beauty shop, both popular and conveniently located spaces for local residents. These spaces also rent for $500 per month each, creating a total monthly income of $2,000. The wood shop is ideal for hobbyists or craftsmen, while the beauty shop is a prime spot for personal care businesses looking to attract a steady clientele in a high-visibility location.

This property’s mix of residential and commercial spaces, along with its desirable downtown Chatham location, makes it an attractive choice for investors seeking consistent rental returns. With a solid rental history and a total of four income-generating units, this property offers a promising future for the savvy investor.

$240,000.00 Call Today! 434-374-2011 Email: info@ucvirginiarealty.com