Active

501 508 Piedmont St

Blacksburg, VA 24060

$1,299,000 $5,476/Mo

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Overview

Bed

Bath

3,500

Sqft

2.70

Acres(Lot)

Description

Unique Investment opportunity Downtown Blacksburg! Walking distance to VT and historic downtown Blacksburg, included 3 cottage homes, very good condition offering generous income at $48000 yearly, 2 building lots for future development of more rental properties, large .907 lot very private lot for building your home in town. Both lots would be great for building spec houses. The total contiguous acreages of 2.7 acres which exceeds the minimum 2 acres required for the NEW ORDINANCE 2053 SMALL LOT SUBDIVISION. Zoning sec 3043.

Property Details

Property Type : Residential Income

Price : $1,299,000

AD Id : 79128629

MLS Id : 927806

Lot Size : 2.70 Acres

Living Area Size : 3,500

Year Built : 1946

County : Montgomery

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

Has Heating: Yes Heating: Heat Pump

Building Information

Year Built: 1946 Construction Materials: Vinyl Siding Private Pool: No

Lot Information

Lot Size Acres: 2.7

Property Information

Subdivision: N/A Source Property Type: Residential Income Property SubType: Multi Family Property Age: 80

Listing Price Information

Listing Price: $1299000

Tax Information

Parcel Number: 004324 Tax Lot: 0 Tax Block: 0 Annual Tax: $1164.84

School Information

Elementary School: Other - See Remarks

Junior High School: Other - See Remarks

Senior High School: Other - See Remarks
Location Information

Direction: Clay to left on Piedmont, at the end of street

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ByOwner last updated this listing 06/17/2026 @ 10:44

MLS: 927806 LISTED BY: EDWARD GALLIMORE, U/C BLUE RIDGE LAND & AUCTION CO INC- C'BURG 540-382-0271 SOURCE: Roanoke Valley Association of REALTORS