1508 Chestnut Ave Buena Vista, VA 24416
3 Beds
2 Baths
1,056 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
Square Footage 1,056 sqft
Price per Sqft $231
MLS Listing ID 139934
Style Other
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1989
Annual Tax Amount $1,372
Lot Size 1,056 Sqft
Acres 0.28
Lot Dimensions 100 X 125
Property Sub-Type Residential
Source Rockbridge Highlands REALTORS®
Land Area 1056
Property Description
The primary residence offers 3 bedrooms, 1.5 baths, and 1,056 finished square feet with numerous recent updates, including fresh interior paint, updated flooring, kitchen and bath improvements, a new roof (2023), and a new water heater. A covered front porch, fenced backyard, level lot, and creek add to the property's appeal.
The detached guest house, approximately 800 square feet with its own kitchen and bath, is currently leased through November 2026, providing immediate rental income from day one. Continue operating as an investment property, live in one unit while offsetting your mortgage with rental income from the other, or utilize the additional space for multi-generational living.
With separate living quarters, established rental income, and strong potential for owner-occupants and investors alike, this property offers a rare opportunity to build wealth through real estate while enjoying the flexibility of multiple income strategies. Conveniently located near downtown Buena Vista, local employers, schools, and outdoor recreation.
Location
State VA
County Rockbridge
Area 0.28
Zoning Residential
Direction From Magnolia Ave. turn onto 14th St. and follow to Chestnut Ave. and turn left, find property on right.
Rooms
Basement Crawl Space
Interior
Interior Features Other, Ceiling Fan
Heating Baseboard Electric
Cooling Other
Flooring Laminate
Fireplace No
Appliance Dryer, Electric Range, Oven, Refrigerator, Washer
Exterior
Exterior Feature Covered Porch, Fenced Yard
View Y/N No
View Mountains
Roof Type Other, Shingle
Topography Level
Garage No
Building
Water Public Water
Architectural Style Other
New Construction No
Schools
Elementary Schools Kling/Enderly Hghts
Middle Schools Parry Mccluer
High Schools Parry Mccluer
Others
Tax ID TM#41-1-2-62-1
