Spacious Brick Ranch w/Apartment Building in Cedar Bluff

720 Shannon's Branch Rd., Cedar Bluff, VA 24609

Description:

Priced $56,700.00 below tax assessment. This property has so much to offer. Live comfortably in this spacious Brick Ranch while enjoying the extra income from the four unit Apartment Building.

The property features mature trees on 20 acres of land. Sit by the pond and gaze at the reflections as the light streams through the trees. Walk the 3/4 mile trails that surround the property.

Plenty of storage, formal living room, formal dining room, 2 real wood burning fireplaces, Den and bath in the basement. This is an excellent opportunity to buy more house and have renters supplement the cost through monthly rents. Please take a look at the photos as words cannot accurately express just how magnificent this property is.

Apartment Building is extra clean and well maintained. Each unit is separately metered for electricity and has one meter for public water. All units have washer/ dryer connections. 3 units have one bedroom and one bath. The Patio Unit has two bedrooms and 2 bathrooms and features a enclosed sun room and heating and cooling via a heat pump. This unit is on grade level and was remodeled for an aging family member. The top floor contains a Studio Apartment with an open floor plan and access to a deck overlooking the expansive tree lined lawn and pond. Each unit has a range and refrigerator. Appliances convey with the apartments.

Some furnishings in the main residence can be negotiated in the sale. Property was formerly licensed as a Bed and Breakfast. The potential of this property is limited only by your imagination and willingness to work your plan. Historic rents are $2,200.00/ month,

Property Address

Address :720 Shannon's Branch Rd.
City:Cedar Bluff
County:Tazewell
Zip:24609
Country:United States

Property Details

Property Id : 45021-67095
Property Type : Country Homes
Price:
Property Size: 20
Bedrooms 3
Year Built : 1976
Property Building Size: 3104
Bathrooms : 3.5

Property Features

Great Investment Property
20 Acres
Four Unit Apartment Building
Priced Below Tax Assessment
Pond
Walking Trails
Lots of Living Space
Well Maintained

Property Map

Property Videos

Information

Marcus Gilbert

Principle Broker And Auctioneer


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Each office independently owned and operated. The Information provided herein is deemed accurate, but subject to errors, omissions, price changes, prior sale or withdrawal. United Country does not guarantee or is anyway responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. Please verify all facts.