



Excellent multifamily investment opportunity in a desirable Galax location! This 6-unit property is comprised of three duplex-style townhome buildings and offers established rental income with a solid rental history. Several longer-term tenants provide stability, while current rents offer potential for future growth as units turn over. The townhouse-style layout gives tenants a more residential feel than a traditional apartment complex, and all six units feature full basements, providing valuable additional space and storage. Select units have also received recent renovations, showcasing the potential for continued improvements and value enhancement throughout the property. Conveniently located just a short drive from downtown Galax and area amenities, this property offers an attractive combination of current income and long-term upside. Whether you're looking to expand an existing rental portfolio or acquire a substantial multifamily investment, these six units provide an excellent opportunity with room to increase income over time.
| Type | School name | District name |
|---|---|---|
| High | Galax | Not available |
| Elementary | Galax | Not available |
| Middle | Galax | Not available |
| Juniorhigh | Galax | Not available |
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $7431 | NZD $13,135* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to BHHS- Mountain Sky Properties, Wytheville
Property ID: 110120004753
Original Property ID: 3yd-SWVARVA-112067