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Alleghany County, Clifton Forge, VA
Opportunity 623 Commercial Ave, Clifton Forge, VA 24422 Assignment Price: Contact for details + CC Estimated $260,000 Potential Rent: $1,000 Exit Strategy: Buy Hold Down Payment: Contact for detailsTotal Purchase Price: 82,356.06Interest Rate: 4%Principal: 196Interest: 241.19Escrow: 249.64 Property Details Address: 623 Commercial Ave, Clifton Forge, Virginia 24422 Property Type: Single Family Home Year Built: 1917 Square Footage: 2,024 sq ft Lot Size: 3,125 sq ft Bedrooms / Bathrooms: 3 Bed / 2 Bath Occupancy Status: Vacant Parking: Other Rehab Overview Condition Rehab Description: This vacant property offers a significant buy-and-hold opportunity at a low acquisition price. The primary renovation needs appear to be concentrated in the kitchen and bathrooms. The bathroom requires subfloor replacement in some areas, although the existing tub and shower remain in place. The remainder of the home appears generally solid, with flooring replacement and interior painting needed throughout. The roof also requires replacement. Big Six: Roof: Needs replacement Foundation: No known issues reported buyer to inspect HVAC: Condition unknown buyer to inspect Electrical: Condition unknown buyer to inspect Plumbing: Condition unknown buyer to inspect Hot Water Heater: Condition unknown buyer to inspect Property Deal Notes Extremely low down payment fee of $Contact for details Estimated of approximately $$260,000 Spacious 3 bed / 2 bath layout Approximately 2,024 sq ft Vacant and ready for renovation Existing tub and shower remain in bathroom Potential for significant value creation through renovation Strong buy-and-hold opportunity TEXT OR CALL BEVANS BOMBICH LLC FOR A SHOWING TODAY: PROPERTY SOLD AS IS | EMD Contact for details REQUIRED
Source: IL
Posted: August 13, 2026
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