Courtesy: Your Home Sold Guaranteed Realty
865-365-2280
Updated Mixed-Use Income Property in Galax! Lower-level retail space is leased for $2200 and updated with fresh paint and a new bathroom and kitchen area. The apartment upstairs has its own exterior entrance and is tenant-occupied with an active lease for $650 (similar properties achieving over $1100 per month in rent), providing instant income. Flexible mixed-use layout allows multiple income strategies and strong future cash flow. Prime Galax location with visibility and easy access. Perfect for investors seeking immediate income with upside potential.
Galax is located in Virginia. Galax, Virginia has a population of 6,681. Galax is less family-centric than the surrounding county with 25.49% of the households containing married families with children. The county average for households married with children is 25.49%.
The median household income in Galax, Virginia is $39,808. The median household income for the surrounding county is $39,808 compared to the national median of $69,021. The median age of people living in Galax is 42.1 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 43.4 inches per year, with 16.3 inches of snow per year.
