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Are you looking for an incredible investment opportunity in the Town of Luray? This property offers two apartments and one cottage, for a total of three separate rental units! Downtown Luray and all it has to offer are just a few short steps away. This property has plenty of off-street parking and a large corner lot. Numerous improvements have been made within the last year, including a new hot water heater, furnace updates, sewer line replacement, and a new sump pump. The landlord is currently accumulating $1,500 in gross rent per month, with room to grow income. The Hawksbill Greenway walking trail is less than a 1,000 feet away, which enhances the rental units' desirability of this property. This opportunity will not last long as it has everything that an investor is looking for! Please call listing agent at 540-742-3996 to schedule a showing.

Property Details of 201 Mechanic Street

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Listed by Lauren Reed of Funkhouser Real Estate Group

Listing Sold by Luray

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