855.375.4001
Listing Courtesy of: Brian McHone - RE/MAX 8 - Blacksburg 540-552-8855

1849 MERRIMAC Road Blacksburg, VA 24060

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Apartment Building Residence
Beds
Baths
... Bed/Bath
3,168 Sq. Ft.

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Last updated on 1/20/2025 1:45 PM
Exceptional Investment Opportunity â?? 4-Unit Apartment + Single-Family Home! This rare duo of income-producing properties is the perfect addition to any investorâ??s portfolio! Featuring a well-maintained 4-unit apartment building and a charming single-family home. This package delivers **outstand...ing cash flow** and incredible value. Five total units with strong and steady rental incomeâ?? 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 potentialâ?? 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. Donâ??t miss this chance to own a stable, high-performing investment property! Annual gross rents -$73,980 Continue reading
MLS#
422939
Property Type
Apartment Building
Square Feet
3,168 sq. ft
Price per Sq. Ft.
$283.78
Lot Size
1.19
Sewer
Septic

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Listing Courtesy of: Brian McHone - RE/MAX 8 - Blacksburg 540-552-8855
Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

The data relating to real estate for sale on this website comes in part from the IDX program of the New River Valley Multiple Listing Service. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 New River Valley Multiple Listing Service. All rights reserved.

This content last refreshed on 1/20/2025 1:45 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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