638 Iron St, Marion, VA 24354

Great investment opportunity here! 2 dwellings on this property, each with the possibility of being made into duplexes or apartments, with separate electric meters. Property was just appriased for $150,000 which is just below tax assessment. First dwelling, which used to be a church, has been remodeled. 3 BR 2 BA up and full unfinished basement below with separate entrance (the lower portion used to be a store). Bathrooms already plumbed in downstairs, with lots of possibilities. New deck is being built on the upper portion, as well as some new windows, stucco, and trim going in the lower portion. Second dwelling is a brick home currently being rented for $600/month. 3200 sq ft of living space with 3 BR, 2 BA and 3 fireplaces with full unfinished basement with separate entrance, ideal for apartments. All sitting on 1.5 acres with ample gravel parking space. With some TLC, there is potential for good rental income to be made here!