Investment Home for Sale in Floyd VA

This brick ranch awaits its new owners! This 3 bedroom, 3 bath home is very spacious with 2,992 sq ft of living space. There is carpet throughout most of the home, hardwood in the bedrooms, and tile in the baths. The full, walk out basement is partially finished with 2 additional rooms that could serve as non-conforming bedrooms, the 3rd bath, and a rec or family room. Under the attached 2 car garage you will find an unfinished area that has served as lawnmower storage in the past. The home has an HVAC system and woodstove. Home has a newer metal roof, hot water heater and a well pump which was installed in 2018. This home is fantastic for someone with a vision to bring it back to life. Home has solid bones but needs TLC, upgrades, and modernization.

The home sits on a level 1.151 acre lot. There is a detached outbuilding, perfect for equipment or extra storage. A new survey was just completed. Home is served by a private well and septic system. It is located less than a mile from the Town of Floyd. Enjoy the quiet, peaceful setting on the large back deck, while being minutes from all the restaurants, schools, gas stations and entertainment the Town of Floyd has to offer. Don’t miss your chance to own this brick ranch in Floyd, VA!

Property Highlights:

• Square Footage: 2,992 sq. ft. (1,496 main + 1,496 basement)
• Acreage: 1.151 acres
• Bedrooms: 3
• Baths: 3 full
• Year Built: 1970

Online Auction Ends Wednesday, November 5th at 4 PM
375 Barberry Rd., Floyd, VA 24091

Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video

PREVIEW DATES: October 18th at 9 AM and October 23rd at 4 PM

CONTACT INFORMATION:
Auctioneer: Matt Gallimore | 540-239-2585 Gallimore.Matt@gmail.com
Realtor: Doug Weddle | 540-239-0757 | DougWeddleRealtor@gmail.com

DIRECTIONS: From the stoplight in Floyd VA – take 221 N towards Roanoke, turn right onto Barberry Road. Home is on the right in approximately 0.7 miles. See signs.

BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 4 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.

BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information.

10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 is required on the day of sale. Close on or before December 22nd, 2025. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on November 5th, 2025. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.