$149,000

201 South 5th Street, Big Stone Gap, VA 24219

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional multi-unit investment opportunity in a prime location! Welcome to 201 and 203 E 5th Street a cash-flowing property packed with potential and positioned just steps from the popular Greenbelt walking track, shopping, dining, and local amenities. This unique income-producing property currently generates approximately $2,000 per month and features: * Commercial storefront space with a long-term tenant in place * Three 1-bedroom apartments * One 2-bedroom apartment * Additional large storage area with the potential to be converted into another income-producing unit One of the 1-bedroom apartments previously experienced fire damage that was isolated to that unit only and will require a full rehab, creating the perfect value-add opportunity for investors looking to increase rents and overall property value. With multiple income streams, expansion possibilities, and a highly convenient in-town location, this property is ideal for investors seeking strong upside potential. Whether you're looking to expand your rental portfolio, create additional units, or maximize commercial and residential income together, opportunities like this don't come around often. Endless possibilities await at 201 and 203 E 5th Street!

Listing Status:
Pending
Date Added:
May 12, 2026
Data Last Updated:
June 25, 2026 at 7:37AM
Listing Office:
Park Hill Realty Group, LLC : 423-530-5224
Listing Agent:
Robert Smith : 276-870-7096
MLS ID:
9995231
  • A/C: Window Unit(s)
  • Heating: Electric
  • Style: Other
  • General: Vinyl SidingOne
  • Originating MLS: Tennessee/Virginia Regional MLS
  • County: Wise
  • Zoning: GB000218
  • Water: Public
  • Source: Tennessee/Virginia Regional MLS

This listing courtesy of Robert Smith , Park Hill Realty Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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