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6,048 sqft

$1,695,000

105 TEE Street, Blacksburg VA, 24060

Price per sqft$280.26
Property size6,048 sqft
Property typeMulti-family

Overview

Active

Listed Sep 26, 2026

Updated 2 weeks ago

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.

$11,277/mo

Est. mortgage payment based on a $1,695,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$3,477
Tax Frequency
Annually

Listed by Brian McHone with RE/MAX 8 - Blacksburg
Listing Contact: 5402395901 

Based on information from New River Valley Association of REALTORS®. Data last updated 9/27/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nest Realty - New River Valley, VA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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