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Listing view 3

1849 MERRIMAC Road, 
Blacksburg, VA 24060

$899,000
—

Bed

—

Bath

4,368

Sq Ft

Multi-Family

Active

Listed by

Brian Mchone

RE/MAX 8 - Blacksburg

540-552-8855

Last updated:

January 10, 2025, 06:58 PM

MLS#

422939

Source:

VA NRVAR

Street View
About This Home
1849 MERRIMAC Road

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

Home Facts

Multi-Family

Price Summary

899,000

$205 per Sq. Ft.

MLS #:

422939

Last Updated:

January 10, 2025, 06:58 PM

Added:

8 day(s) ago

Structure
Structure

Architectural Style:

Cape Cod

Building Area:

4,368 Sq. Ft.

Lot

Lot Size (Sq. Ft):

51,967

Finances & Disclosures
Finances

Price:

$899,000

Price per Sq. Ft:

$205 per Sq. Ft.

Source:VA NRVAR
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