203 Penny Lane Active Save Request In-Person Tour Request Virtual Tour
Independence,VA 24348
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,659 sqft
Price per Sqft $114
MLS Listing ID 99355
Style Ranch
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1966
Tax Year 2024
Lot Size 1.201 Acres
Acres 1.201
Property Sub-Type Single Family
Property Description
This unique property offers a solid return with 4 total units — one single-family home plus 3 income-producing single-wide mobile homes, that are currently rented. One mobile home is 3 bed rooms and 2 bathrooms. The other two are 3 bedrooms and 1 bathroom. The main home features a metal roof, large deck, paved driveway, laminate wood flooring, and tile accents. Conveniently located with easy access to town, this setup is ideal for investors or multi-generational living. Live in one and rent the rest — or add it to your portfolio as a turnkey investment.
Location
State VA
County Independence
Area Grayson
Direction Beginning in Hillsville on I-77N, take exit 14 onto US-221, then turn left onto Carrollton Pike. Continue straight for 13 miles, then turn right onto Riverside Drive. Turn right onto Pine Mountain Road, then turn left onto Penny Lane. The property will be on your left.
Rooms
Basement Block,Outside Entry,Partial Basement,Unfinished
Interior
Interior Features Ceiling Fan(s),Dry Wall,Tile Floors,Vinyl Plank Floors
Hot Water Electric
Heating Oil,Wood/Coal
Cooling None
Fireplaces Type None
Equipment Microwave,Range/Oven,Refrigerator
Window Features Insulated
Appliance Microwave,Range/Oven,Refrigerator
Heat Source Oil,Wood/Coal
Exterior
Exterior Feature Vinyl Siding
Parking Features Garage Detached
Garage Description 3.00
Waterfront Description None
View None
Roof Type Metal
Porch Open Deck
Building
Lot Description Rolling/Sloping
Building Description Vinyl Siding, Ranch
Faces Beginning in Hillsville on I-77N, take exit 14 onto US-221, then turn left onto Carrollton Pike. Continue straight for 13 miles, then turn right onto Riverside Drive. Turn right onto Pine Mountain Road, then turn left onto Penny Lane. The property will be on your left.
Foundation Block,Outside Entry,Partial Basement,Unfinished
Sewer Septic System,Other
Water Well,Other
Structure Type Vinyl Siding
Schools
Elementary Schools Independence
Middle Schools Grayson
High Schools Grayson
Others
SqFt Source Land Card
Virtual Tour https://tour.usamls.net/203-Penny-Lane-Independence-VA-24348/unbranded