1849 Merrimac Rd
Blacksburg, VA 24060
- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
Exceptional Investment Opportunity – 4-Unit Apartment + Single-Family Home! This rare duo of income-producing properties is the perfect addition to any investor’s portfolio! Featuring a well-maintained 4-unit apartment building and a charming single-family home. This package delivers **outstanding cash flow** and incredible value. Five total units with strong and steady rental income– all units are fully occupied, generating excellent returns. Both properties have been well cared for and are ready to go. The house has a new HVAC system, both up and downstairs. Tenant appeal-located in a desirable area offering a peaceful setting and convenience to downtown Blacksburg and VT. Future potential– opportunity for rental increases or further development. Whether you want to maximize your cash flow or expand your portfolio, this combination of properties checks all the boxes. Don’t miss this chance to own a stable, high-performing investment property! Annual gross rents -$73,980
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jan 13, 2025
•
MLS# 422939 —
The Building
-
Architectural Style:Cape Cod
-
Levels:Two or More
-
Roofing:Metal, Shingle
-
Basement:Concrete Floor, Outside Access, Walk Out
-
Modular:No
-
Manufactured:No
-
Total Gross Building Area:4,368 Sqft
-
Approx Finished Area:3,168 Sqft
Financial & Terms
-
Short Sale:No
-
Price Per SqFt:283.78
Location
-
Directions:Prices Fork to left on Merrimac. Go 1.4 miles, located on the right. There is NO sign.
-
Latitude:37.2030049794696
-
Longitude:-80.4540525595245
The Property
-
Property Type:Apartment Building
-
Zoning:Agricultural
-
Approx Acres:1.193
-
Geographic Quality:1
Listing Agent
- Contact info:
- Agent phone:
- (540) 239-5901
- Office phone:
- (540) 552-8855
Taxes
-
Tax Year:2024
-
Parcel Number:012019
-
Taxes:$2,642.25
Heating & Cooling
-
Air Conditioning:Heat Pump
Utilities
-
Power On:Yes
-
Water On:Yes
-
Water:Public Water
-
Sewer:Septic
Appliances
-
Water Heater:Electric
Schools
-
Elementary School:Kipps
-
Middle School:Blacksburg
-
High School:Blacksburg
-
School District:Montgomery County
The Community
-
Subdivision:None
-
HOA:None
Parking
-
Parking:Off Street Parking
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/10/25
Jan 10, 2025
|
Listed / Active | NRVAR | $899,000 |
