Unique opportunity to own a piece of history! This former schoolhouse has been converted into a multifamily property featuring two spacious 2-bedroom, 1-bath apartments. Each unit offers plenty of potential for updates and customization. Property is being sold as-is — no appliances or air conditioning, baseboard heat throughout. Situated on a generous 5.7-acre subdividable lot with room to expand - the possibilities are endless. Enjoy the rural setting where horses and chickens are welcome. Bring your vision and transform this one-of-a-kind property into your next investment or country retreat!
Excellent investment opportunity featuring three separate detached homes on one parcel. Each home offers central air with efficient heat pumps and newer roofs, providing peace of mind and reduced capital expenses. Property is serviced by public water with pump-and-haul septic systems in place. Ideal setup for investors seeking multiple income streams with well-maintained improvements already in place. Turnkey opportunity for investors seeking immediate income with leases already in place.
Stephenson is located in Virginia. Stephenson, Virginia has a population of 3,308. Stephenson is less family-centric than the surrounding county with 29.5% of the households containing married families with children. The county average for households married with children is 30.01%.
The median household income in Stephenson, Virginia is $99,235. The median household income for the surrounding county is $84,317 compared to the national median of $69,021. The median age of people living in Stephenson is 40.9 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 38.3 inches per year, with 22.1 inches of snow per year.
