Description
1849 Merrimac Road,
Blacksburg,
VA
24060
Exceptional Investment Opportunity 4-Unit Apartment + Single-Family Home! This rare duo of income-producing properties is the perfect addition to any investors 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. Dont miss this chance to own a stable, high-performing investment property! Annual gross rents -$73,980
This is an Active listing.
Broker Office Phone Number: 540-552-8855
Copyright © 2025New River Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: RE/MAX 8 - Blacksburg via Data Source: New River Valley Association of Realtors
Price History
date | price | variance | type |
---|
1/9/2025 | $899,000 | - | Listed |
listing agent: Brian McHone