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105 TEE ST Blacksburg, VA 24060
6,048 SqFt
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Key Details
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Square Footage 6,048 sqft
Price per Sqft $280
MLS Listing ID 428793
Style Townhouse
Annual Tax Amount $3,477
Tax Year 2026
Lot Size 0.360 Acres
Property Sub-Type Apartment Building
Property Description
Turnkey six-unit multifamily investment in Blacksburg generating $113,340 in current gross annual rent. The property features five spacious 3-bedroom townhome-style units and one 1-bedroom apartment, offering an attractive mix for the Blacksburg rental market. A comprehensive 2025 renovation included new kitchen cabinetry, granite countertops, stainless steel appliances, updated showers and vanities, oversized bathroom mirrors, LED lighting, laminate flooring, five-panel interior doors, updated hardware and fixtures, fresh paint, and more. Unit F was completely renovated in 2022. With established rental income, updated interiors, and additional upside as rents move toward current market levels, this is a rare opportunity to acquire a stabilized, income-producing asset with strong fundamentals and no near-term capital needs. Great location for VT students and close to the BT bus line. These opportunities normally trade off-market, so these are scarce.
Location
State VA
County Montgomery
Area Blacksburg (In Town Limits)
Zoning Residential 5
Rooms
Basement None
Interior
Heating Heat Pump
Cooling Central Electric
Flooring LVP
Heat Source Heat Pump
Exterior
Exterior Feature Vinyl
Parking Features Off Street Parking
Roof Type Shingle
Building
Sewer Public System
Schools
Elementary Schools Harding Av
Middle Schools Blacksburg
High Schools Blacksburg
School District Montgomery County
Listed by RE/MAX 8 - Blacksburg
NEARBY SCHOOLS & PROPERTIES
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