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Home > Past Auctions > Auctions > ABSOLUTE RENTAL PROP. AUCTION - JUNE 6
ABSOLUTE RENTAL PROP. AUCTION - JUNE 6

Listing Details

Address
5745 Coal Creek Rd., Galax, VA, 24333
Auction Date
Saturday, Jun 06, 2020 at 10:00 AM

$ ABSOLUTE RENTAL PROPERTY AUCTION $

SAT., JUNE 6th10:00 AM

BRICK/BLOCK DUPLEX WITH ADD’L 2 BDRM./1.5 BATH RENTAL UNIT (3 units) & TWO LARGE OUTBUILDINGS

ON LOT–5745 Coal Creek Rd. – Galax, VA 24333

ALSO

VINYL SIDED HOME ON CORNER LOT5762 Coal Creek Rd. – Galax, VA 24333

 5745 Coal Creek Rd.: Brick/block duplex with an attached conc. block rental unit:

Unit# 1 is brick and features a living room w/fireplace, kitchen/dining combo, 3 bedrooms, full bath and a partial basement. Currently rents for $385 per month.

Unit# A is a conc. block unit featuring a living room, kitchen/dining combo, 2 bedrooms, bath and a storage room. Currently rents for $325 per month.

Unit# B is a conc. block unit featuring a living room w/fireplace, kitchen/dining combo, 2 bedrooms and bath. Currently Rents for $325 per month.

  • Heat pump provides heat & air for all 3 units.
  • All units have a separate electric meter.
  • Refrigerator & stove stays with each unit.
  • A private well and 2 private septic systems serve all three units.

All units reside on an open .79(+-) acre lot with woods on 3 sides. Also on this lot are a 14’x 28’ metal storage building w/wood floor and a 14’x 36’ metal storage building w/conc. floor.

5762 Coal Creek Rd.: Vinyl sided home features a living room, kitchen/dining combo, bedroom, bath and 2 porches. Elec. baseboard heat, refrigerator & stove stay with home, private well and shared private septic with Unit #B. Home sits on a corner lot at int. of Coal Creek Rd. & Coleman Ridge Rd. Currently rents for $300 per month.

Note: Potential buyers of either property will have from May 27th until June 5th to conduct a lead-based paint contamination test if they so desire.

 Terms: 10% deposit day of auction, balance within 30 days at closing.

 Inspection: Call our office anytime to see either one of these properties.

 Auctioneer’s Note: $$$$ This is great income producing property conveniently located between Galax, Hillsville and I-77 at Fancy Gap, Va. all at ABSOLUTE AUCTION!!

 Directions: In Galax, VA at int. of Rt.# 58 & Rt.# 89 (Main St.), turn L onto Main St. & go 1.7 mi. to Rt.# 97 (Pipers Gap Rd.), turn left & go 4.6 mi. to Rt.# 713 (Soapstone Rd.), turn R & go 1.8 mi. to Rt.# 608 (Coal Creek Rd.), turn L & go 1.5 mi. to prop. on both sides of road.

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