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$1,299,000
2.7± Acres
Available
Montgomery County, Virginia
Contact (540) 230-9090 Text Me Maps

Rental Income Opportunity for Sale in Blacksburg, VA

ID: 106257
Status: Available
Price: $1,299,000
Acres: 2.7
Type: Commercial
Address: 495,500,501,508 Piedmont ST
City, State: Blacksburg, Virginia
County: Montgomery
Zip Code: 24060
Lat/Long: 37.233034, -80.399973
Presented By: Ed Gallimore
Phone: (540) 230-9090
Email: Click to Contact

Description

Check out this great investment opportunity just a short walk to Virginia Tech and downtown Blacksburg. This property includes three cottage homes in good condition, currently producing approximately $48,000 in annual rental income.

Also included are two additional building lots, offering potential for future development—perfect for additional rentals or spec homes. The property features a private 2.7 acres with room to build a personal residence in town. It also meets the minimum acreage requirements for the Small Lot Subdivision Ordinance 2053 (Zoning Section 3043), allowing for added development flexibility.

For more information about this property for sale contact Realtor Ed Gallimore with United Country NRV in Christiansburg, VA at (540) 230-9090 or email edgallimore.re@gmail.com

Directions:

Clay to right on Piedmont to end of street

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Ed Gallimore

Ed Gallimore

Christiansburg, Virginia

(540) 230-9090

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Ask Ed About This Property

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