Share this with your friends
+15403202770
RE/MAX 8
105 Tee Street, Blacksburg, VA 24060
- $1,695,000
- 6,048
- SqFt
- List Price
- $1,695,000
- Status
- ACTIVE
- Days on Market
- 38
- MLS#
- 428793
- Style
- Townhouse
- Living Area
- 6,048
- Acres
- 0.36
- MLS Area Major
- Blacksburg (In Town Limits)
Property Description
Turnkey six-unit multifamily investment in Blacksburg generating $113,340 in current gross annual rent. The property features five spacious 3-bedroom townhome-style units and one 1-bedroom apartment, offering an attractive mix for the Blacksburg rental market. A comprehensive 2025 renovation included new kitchen cabinetry, granite countertops, stainless steel appliances, updated showers and vanities, oversized bathroom mirrors, LED lighting, laminate flooring, five-panel interior doors, updated hardware and fixtures, fresh paint, and more. Unit F was completely renovated in 2022. With established rental income, updated interiors, and additional upside as rents move toward current market levels, this is a rare opportunity to acquire a stabilized, income-producing asset with strong fundamentals and no near-term capital needs. Great location for VT students and close to the BT bus line. These opportunities normally trade off-market, so these are scarce.
Additional Information
- Taxes
- $3,477
- Property Description
- Townhouse
- Zoning
- Residential 5
- Flooring
- LVP
- Heating
- Heat Pump
- Air Conditioning
- Central Electric
- Levels
- Two or More
- Parking
- Off Street Parking
- School District
- Montgomery County
- Elementary School
- Harding Av
- Middle School
- Blacksburg
- High School
- Blacksburg
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of RE/MAX 8 - Blacksburg.