3520 Mount Zion Road, Blacksburg, Virginia, 24060
4,604 Sqft
2.54 Acres
#428684
Investment opportunity just 15 minutes from Virginia Tech! This offering includes two duplex buildings with a total of four units and nine bedrooms, all with no HOA. Two units are currently tenant occupied (month to month lease), while two have recently been vacated, giving the next owner flexibility to update, re-lease, or reposition the property. The unit mix includes three 2-bedroom units and one 3-bedroom unit. Enjoy a peaceful setting with covered porch space, convenient parking, and easy access to Blacksburg and the Virginia Tech campus. One lot backs up to a natural creek, adding to the property's appeal. A unique opportunity to own four rental units in one location with established tenancy and room for future income growth. A local rental management company indicated potential rental rates of approximately $650 per bedroom; buyer/agent to independently verify rental rates and projections.
PROPERTY FEATURES
- Water Source : Well, Private
- Sewer : Septic Tank
- Architectural Style : Craftsman
- Heating on Property:
- Heating : Heat Pump
- Construction Materials: Brick
- Roof: Metal, Shingle
- Basement Description : Crawl Space
- Appliances : Electric Water Heater
- Flooring : Carpet, Vinyl
PROPERTY DETAILS
ID: 428684
Status: Active
Price: $649,000
Acres: 2.54 Acres
Price Per Acre: $256,016
Type: Multi-family
Address: 3520 Mount Zion Road
City, State: Blacksburg, Virginia
County: Montgomery
Zip Code: 24060
Lat/Long: 37.231609, -80.506653
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