105 Tee Street, Blacksburg, VA 24060
- $1,695,000
- 6,048
- SqFt
- List Price
- $1,695,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 428793
- Living Area
- 6,048
- Lot Size (Acres)
- 0.36
- Style
- Townhouse
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.
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Additional Information
- Area
- Blacksburg (In Town Limits)
- Taxes
- $3,477
- Flooring
- LVP
- Heating
- Heat Pump
- Cooling
- Central Electric
- Sewer
- Public System
- School District
- Montgomery County
- Elementary School
- Harding Av
- Middle School
- Blacksburg
- High School
- Blacksburg
Mortgage Calculator
Listing courtesy of RE/MAX 8 - Blacksburg.