1206 University TER new Save Request In-Person Tour Request Virtual Tour
Blacksburg,VA 24060
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 935 sqft
Price per Sqft $304
Subdivision University Terrace
MLS Listing ID 425041
Bedrooms 4
Full Baths 2
HOA Fees $2,220
Year Built 1987
Annual Tax Amount $1,590
Tax Year 2024
Property Sub-Type Condominium
Property Description
Turnkey Investment Opportunity in Prime Blacksburg Location Just minutes from Virginia Tech, downtown, and the BT bus stop, this well-maintained 4-bedroom, 2-bath home is perfectly positioned for consistent rental income and long-term appreciation. Freshly cleaned and prepped for new tenants, the property is already leased at $2,000/month for the upcoming year—making it an ideal choice for investors seeking reliable cash flow from day one. Whether you're looking to grow your portfolio or secure a school-year home for your student, this opportunity checks all the boxes: location, income, and move-in-ready condition. Schedule your private showing today—properties like this in Blacksburg don't stay available for long!
Location
State VA
County Montgomery
Area Blacksburg (In Town Limits)
Rooms
Basement None
Interior
Heating Heat Pump
Cooling Heat Pump
Fireplaces Type None
Appliance Dishwasher,Dryer/Electric,Range/Electric,Refrigerator,Washer
Heat Source Heat Pump
Exterior
Exterior Feature Balcony,Blacktop Driveway,Cable Available,Insulated Glass
Parking Features None
Roof Type Shingle
Building
Sewer Public System
Water Public Water
Schools
Elementary Schools Gilbert Linkous
Middle Schools Blacksburg
High Schools Blacksburg
School District Montgomery County