Income-producing multi-unit property in Bedford County featuring a triplex and two singlewide homes across two parcels. The triplex offers three units, including a fully remodeled upper-level 4BR/2BA unit currently vacant with strong rental potential of $1,600-$1,800/month. The lower level includes two occupied units: a 2BR/1BA rented for $1,100/month and a 2BR/1BA side apartment rented for $1,400/month. The two singlewide homes (each 2BR/2BA) offer separate electric service and are currently rented for $1,450 and $1,000/month. The property is serviced by one shared well and two septic systems. Current income does not reflect the vacant 4-bedroom unit, providing immediate upside for investors. Property has been preliminarily approved for up to 75% commercial financing through Freedom First
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Montvale is located in Virginia. Montvale, Virginia has a population of 402. Montvale is less family-centric than the surrounding county with 22.83% of the households containing married families with children. The county average for households married with children is 25.68%.
The median household income in Montvale, Virginia is $37,203. The median household income for the surrounding county is $70,870 compared to the national median of $69,021. The median age of people living in Montvale is 49.7 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 43.5 inches per year, with 12.8 inches of snow per year.
