54 Vinyard Rd
Property Description
Welcome to 54 Vinyard Road in Glade Hill! This exceptional, income-producing duplex encompasses 2,360 total finished square feet and is perfectly situated on a level 1.01-acre lot offering breathtaking panoramic mountain views. Designed with convenience and privacy in mind, each residence features its own physical address, separate utilities, and an entry and upper level. Both units are currently occupied, providing immediate, turnkey cash flow for the savvy investor. The first residence offers a spacious three-bedroom, two-full-bathroom layout spanning entry and upper levels, complete with an inviting living room, a full kitchen with an eat-in dining area, a dedicated laundry room, and an expansive covered front porch perfect for relaxing. The second residence features two bedrooms, one full bathroom on the upper level, and a convenient guest half bath on the entry level, along with its own fully equipped kitchen with an eat-in dining space, a bright living area, a dedicated laundry room, and an entertaining patio. Both residences enjoy direct access to the back deck overlooking the scenic countryside. In addition, both units have seen extensive recent updates, including fresh interior paint, modern light fixtures and ceiling fans, updated window blinds, stylish new faucets, and refreshed flooring in select rooms. Outside, the property boasts fantastic functional infrastructure and scenic outdoor spaces. A charming pergola enhances the outdoor living area, offering a shaded retreat to take in the mountain views. A wide circular driveway ensures easy access and generous parking for both residences, and tenants enjoy access to a shared backyard storage building. Lawn maintenance is taken care of, offering tenants hassle-free living without the burden of mowing. The property also features a detached two-car garage with a finished bonus room that can easily serve as a private home office, craft studio, or recreation room; the garage is not currently included for tenant use, offering flexible storage or separate rental potential for an owner. The usable, flat yard is beautifully landscaped with mature fruit trees and offers abundant space for a garden. Centrally positioned with quick commutes to Rocky Mount, Martinsville, and Smith Mountain Lake, this property combines quiet rural living with easy access to area schools and amenities. The monthly rent for the 2 bedroom is 1,350 and the monthly rent for the 3 bedroom is 1,750. Leases renew the end of May 2027.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $549,000 |
| No. of Units: | 2 |
| Year Built: | 1992 |
| Opportunity Zone: | No |
| Price per unit: | $274,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-RVARVA-932606
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
1507 17TH Street SE
WASHINGTON, District of Columbia
311-315 S RALEIGH Street
MARTINSBURG, West VirginiaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout