1523 Kentucky Ave SE 3 Unit Apartment Building $275,000 ($91,667/Unit) 4.38% Cap Rate Norton, VA 24273

This investment property offers the owner an income stream from two apartments, and a manufactured home, with additional unoccupied commercial space that can be used as a rental or for owner/occupant use. One apartment is 1,100 sq/ft and the other is 850 sq/ft with a two-car carport attached. The manufactured home is 1,152 sq/ft. Conveniently located on Kentucky Avenue in the Ramsey section of Norton, VA. Just .3 mile from the intersection of U.S. 58-A, and from there, only 1.7 mile to the intersection of U.S. 23 to Big Stone Gap – south, or Wise and Kentucky – north. The commercial space includes 2,000 sq/ft of interior office space, storage space, and a one vehicle bay garage. Ideal for retail office or wholesale uses. Current lease agreements and income & expenses are available. This property has been kept in good condition and offers the buyer many advantages for ownership benefits. Contact us for more information and all questions that you may have.