Multifamily (Multi Family)

2245 Saltville Hwy, Saltville, VA 24370

Opportunities like this don't come around often—especially with this level of versatility, acreage, and built-in income. Located in rural Saltville, this property offers the perfect blend of comfortable living, investment potential, and outdoor lifestyle appeal.The main home features 1,820 square feet with 3 bedrooms, 2 bathrooms, and a flexible bonus space previously used as a hair studio—ideal for a home office, hobby room, or creative workspace. The home is move-in ready, with several updates already completed, while still offering room for a new owner to add their own touches and build equity over time. A full basement with sump pump, along with a roof and HVAC system installed around 2015, provides added peace of mind.The above-2 car garage apartment, with 2 bedrooms and 1 bathroom, offers immediate income potential and is currently rented for $350/month. While the rent is below market, the long-term tenants—who have occupied the property for over 28 years—are aware and prepared for a potential rent increase. Electric is separately metered, with water shared. This space could continue as a rental, be converted into an in-law suite, or reimagined as a hunting or fishing Airbnb.The property sits on nearly 2 acres, with land extending up the mountainside, offering privacy and additional possibilities such as a hunting parcel or future home site. With ample road frontage and easy access to the North Fork of the Holston River, outdoor enthusiasts will appreciate the nearby opportunities for fishing, kayaking, and recreation.Additional features include low county-only taxes, public water, and a septic system, helping keep ownership costs affordable. Conveniently located with access to Saltville, Tannersville, and Chilhowie, this property offers rural charm without feeling isolated.With income potential, acreage, river proximity, and motivated sellers, this is an exceptional value with broad appeal—this is the type of property that doesn't come around every day.

Geographical

County: Smyth

Subdivision:

Zoning: Residential

School System

Rich Valley Elementary

Northwood Middle

Northwood High

Other Rooms: Bonus Room, Garage Apartment, Laundry  Rooms with Fireplaces: Den, Living Room  Flooring: Hardwood, Vinyl, Laminate Basement & Foundation: Full, Unfinished  Other Features: Eat-in Kitchen, Primary Downstairs, Laminate Counters, Kitchen Island 

Porch, Patio, Decking Detail:  Porch, Front Patio, Front Porch, Side Porch Roof: Shingle Exterior Finish: Vinyl Siding Garage: 2 

Photos