1206 University Terrace Blacksburg, VA 24060
Kabrich Crescent NeighborhoodEstimated payment $1,796/month
Highlights
- Main Floor Primary Bedroom
- Balcony
- Property is in very good condition
- Gilbert Linkous Elementary School Rated A
About This Home
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 ideally positioned for consistent rental income and long-term appreciation. Freshly cleaned and ready to go, the property is currently leased at $2,000/month through the upcoming year, providing investors with reliable cash flow from day one. Whether you’re expanding your portfolio or securing 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!
Property Details
Home Type
- Condominium
Year Built
- Built in 1987 | Remodeled
Parking
- Driveway
Home Design
- 935 Sq Ft Home
- Entry on the 2nd floor
- Shingle Roof
- Vinyl Trim
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Electric Dryer
- Washer
Schools
- Gilbert Linkous Elementary School
- Blacksburg Middle School
- Blacksburg High School
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Additional Features
- Balcony
- Property is in very good condition
Community Details
- Association fees include all yard maintenance, exterior bldg maint, garbage removal mgmt, snow removal
- Property managed by Townside Property Ma
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 027927
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | Sold | $279,000 | -0.3% | $298 / Sq Ft |
| 09/23/2025 09/23/25 | Pending | -- | -- | -- |
| 09/05/2025 09/05/25 | Pending | -- | -- | -- |
| 08/28/2025 08/28/25 | Price Changed | $279,900 | -1.8% | $299 / Sq Ft |
| 08/19/2025 08/19/25 | For Sale | $285,000 | +0.7% | $305 / Sq Ft |
| 08/06/2025 08/06/25 | For Sale | $283,000 | +38.0% | $303 / Sq Ft |
| 08/05/2025 08/05/25 | For Sale | $205,000 | 0.0% | $219 / Sq Ft |
| 06/15/2025 06/15/25 | Sold | $205,000 | -- | $219 / Sq Ft |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
Source: New River Valley Association of REALTORS®
MLS Number: 425041
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