249 AIRWAY RD, SPENCER, VA 24165
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At a glance
This off-market house in Spencer, VA has 3 beds, 2 baths, 1,420 sq ft and an asking price of $79,500. ARV is about $103,350. Tagged as a wholesale opportunity. Posted Apr 8, 2026.
houseListed Apr 8, 2026Subject to: no
Property overview
249 AIRWAY RD, 24165
3
Bedrooms
2
Bathrooms
1,420
Sq ft
1959
Year built
Rehab level
CosmeticLightModerateHeavyComplete
Indicated: Complete
Property access
Occupancy
Vacant
- Parking
- Street
- A/C
- Electric
- Construction
- Any
Full listing copy (as provided)
🏡 Hot Investment: 3‑Bed / 1.53 Acres in Spencer VA — Huge Cash Flow Potential!! If you’ve been waiting for an investment property that offers great cash flow, multiple exit strategies, and room to grow — this is it. 🌟 Property at a Glance 📍 249 Airway Rd, Spencer, VA 24165 • Type: Single‑Family • Size: ~1,420 sq ft | 3 Beds • 2 Full Baths • Lot: 1.53 acres — room for parking, sheds, or expansion • Year Built: 1958 _________________________________________________________ 💰 Financial Potential • Estimated Market Value: ~$186,500 (Realtor) • Estimated Market Value: ~$186,300 (Redfin) • Comparable Sales: $170k–$200k in the same area • Estimated Monthly Rent: ~$2,550 (Redfin) • Typical Local Rent: ~$950/month — this property earns significantly more _________________________________________________________ 📈 Why This Property Works ✅ Great buy‑and‑hold for long‑term rental income (~$2.5k/mo) ✅ Fix‑and‑flip opportunity — update the 1960s‑era layout for quick equity gain ✅ Owner‑occupy & rent part of the property for extra income _________________________________________________________ 🔥 Location Highlights • Just minutes from Martinsville, VA • Quiet rural setting with easy access to town • Surrounding 1.4‑acre properties selling $160k–$200k • Strong demand for rentals in the 24165 area _________________________________________________________ 💡 Why Investors Love It • Large 1.5‑acre lot — flexible use for outbuildings, expansion, or land appreciation • 3 Bed / 2 Full Bath layout attracts families & long‑term tenants • Price below After Repair Value (ARV) _________________________________________________________ 📞 Next Steps Reply to this email or call/text me today at to: • Request comps & market data • Schedule a walkthrough • Discuss purchase terms 💲 Offered at $79,900!!! — cash and quick‑close buyers preferred. Let’s connect soon — opportunities like this don’t last long in Spencer/Martinsville. Contact Tony Amran Property Investments, LLC 📱 🌐 Visit Our Website!
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Timeline
Posted Apr 8, 2026 · Updated Apr 8, 2026
Strategy: Wholesale
