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$ 425,000
Est. payment /mo
New
12910 John Clayton Memorial HWY North, VA 23128
2,547 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,547 sqft
Price per Sqft $166
MLS Listing ID 202600616
Construction Status Actual
HOA Y/N No
Year Built 1945
Lot Size 2.970 Acres
Acres 2.97
Property Description
Unique investment and business opportunity set on 3 private acres with multiple income streams already in place. This versatile property features a duplex with two rental units—a 2-bedroom unit on the first floor and a studio apartment on the second—both recently remodeled inside, offering turnkey residential income or owner-occupancy with supplemental rent. The property also includes a separate shop building with its own address, septic system, and established rental income. The shop offers flexibility for a wide range of business uses, making it
an excellent option for entrepreneurs, contractors, or investors seeking commercial potential alongside residential income. A shared well services both the duplex and shop. Additional features include a detached garage building, providing ample storage or workspace. With three total rental opportunities and mixed-use flexibility, this property is well-suited for investors looking to expand their portfolio or buyers seeking a live/work setup. Being sold as-is, offering strong upside potential for the right buyer, with potential to achieve approximately a 10%
gross ROI based on current rental performance.
an excellent option for entrepreneurs, contractors, or investors seeking commercial potential alongside residential income. A shared well services both the duplex and shop. Additional features include a detached garage building, providing ample storage or workspace. With three total rental opportunities and mixed-use flexibility, this property is well-suited for investors looking to expand their portfolio or buyers seeking a live/work setup. Being sold as-is, offering strong upside potential for the right buyer, with potential to achieve approximately a 10%
gross ROI based on current rental performance.
Location
State VA
County Mathews
Area 114 - Mathews
Direction Rt 14 just last Kingston on right before North Star
Interior
Heating Heat Pump, Individual, Wall Furnace
Exterior
Exterior Feature Other
Fence Other
Roof Type Composition
Topography Level
Handicap Access Accessibility Features
Building
Lot Description Level
Story 2
Sewer Engineered Septic, Septic Tank
Water Well
Level or Stories Two
Construction Status Actual
Others
Tax ID 18-A-15
Ownership Investment
Listed by Iron Valley Real Estate Hampton Roads
NEARBY PROPERTIES
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Emily Carter
Principal Broker | Unknown0225024367
Principal Broker Unknown0225024367
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