Rental Home/Office Space Investment in Monterey

price

$299,500|Last Updated: Jun 18, 2026

MLS#22403187

location

184 E. Main Street, Monterey, Highland County, Virginia

Status:Active

Property Type

  • Home with Acreage

Acreage

0.5 acres

County

Highland

Format

Sale

Description

Welcome to this charming and remodeled brick rancher in the heart of Monterey, Virginia. This turn-key property seamlessly blends residential comfort with a proven income stream, making it a rare and exceptional opportunity for both homeowners and investors.

Property HighlightsDual-Use Potential: This 3-bedroom, 2-bath home features a professionally updated interior and an attached office space with a separate, handicap-accessible entrance. The office is currently rented by a physical therapy practice, providing recurring annual revenue.

Move-in Ready and Updated: Enjoy peace of mind with a new furnace and roof, along with recent handicap-accessible entrances at the front of the home. The entire property has been lovingly updated and is move-in ready.

Investment Opportunity: The home's established use as a rental and its good recurring annual revenue make it an excellent business investment. A full, unfinished basement offers significant potential for future expansion or customization to add even more value.

This property offers the potential of a full-time residence or a profitable business. Don't miss this unique opportunity in the beautiful Highland area. Contact us today to schedule your private tour!

Listing Agent

img

Chuck Neely

company

National Land Realty - Western VA Office

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Boa Safra - Farm Credit Partner
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