Brookneal, VA, Brookneal, VA

Bedrooms

Bathrooms

2,900

Sq Ft

Property Details

Type:: other
Status:: Active
MLS ID:: SCR68033411
Last Updated:: 9/22/2025

Additional Information

Description

Brookneal, VA — Investor Special (Duplex) Fix and Flip Gold! Will be fine after a Vacuum and lick of paint! Asking: $60,000 Overview: Gutted duplex, two 2 bed / 1 bath units ready for a full renovation. Size: ≈2,900 sf total. Heavy value-add; ideal BRRRR or flip-to-landlord play. ARV (comp-based): ~$165,000 once renovated. Rent & Cash Flow Potential (both units) Target rents: $850–$900 per unit ⇒ $1,700–$1,800 GMI Estimated monthly NOI (pre-financing) using ~40% expense load: ~$1,020–$1,080/mo (≈ $1,050/mo midpoint) Low entry basis versus a ~$150k ARV. Two doors = diversified rent stream and less vacancy shock. Clean slate to choose layouts/finishes and standardize turns. Multiple exits: BRRRR, hold as a duplex, or flip to a landlord buyer.

Listing Information

Listing Agent

George Zorpidis

Seller Financing Terms

Financed Amount:-

Interest Rate:-

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* Terms are pending seller / RMLO approval

Contact Seller

George Zorpidis

Seller

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