3520 Mount Zion Road, Blacksburg, VA 24060

$649,000
4,604
SqFt

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List Price
$649,000
Status
ACTIVE
Days on Market
0
MLS#
428684
Style
Craftsman
Living Area
4,604
Acres
2.54
MLS Area Major
Montgomery County

Property Description

Investment opportunity just 15 minutes from Virginia Tech! This offering includes two duplex buildings with a total of four units and nine bedrooms, all with no HOA. Two units are currently tenant occupied (month to month lease), while two have recently been vacated, giving the next owner flexibility to update, re-lease, or reposition the property. The unit mix includes three 2-bedroom units and one 3-bedroom unit. Enjoy a peaceful setting with covered porch space, convenient parking, and easy access to Blacksburg and the Virginia Tech campus. One lot backs up to a natural creek, adding to the property's appeal. A unique opportunity to own four rental units in one location with established tenancy and room for future income growth. A local rental management company indicated potential rental rates of approximately $650 per bedroom; buyer/agent to independently verify rental rates and projections.

Additional Information

Taxes
$1,842
Property Description
Craftsman
Flooring
Carpet, Vinyl
Heating
Heat Pump
Air Conditioning
Heat Pump
Levels
Two or More
Parking
Other - See Remarks
School District
Montgomery County
Elementary School
Prices Frk
Middle School
Blacksburg
High School
Blacksburg

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Nest Realty SWVA.