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1849 MERRIMAC Road, Blacksburg, VA 24060

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For Sale

$899,000

1.19 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 1.2 acres
    Lot size

Explore this Property

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
MLS# 422939

Courtesy Of RE/MAX 8

(540) 552-8855

Property Features

  • Amenities
    Dock
  • Architecture Style
    Cape Cod
  • Cooling System
    Heat Pumps
  • Lot Size
    1.19 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 1849 MERRIMAC Road, Blacksburg, VA 24060

Home seller CENTURY 21 Valley Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Valley Real Estate

(540) 674-1800
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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 New River Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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