Prime investment opportunity bringing in $48,000 per year! Nestled on a generous 0.337-acre lot close to town, this unique property offers two beautifully renovated homes, perfect for rental investment or multi-generational living. The main home features 4 bedrooms and 3 bathrooms, boasting modern finishes, spacious living areas, and ample natural light. The guest home includes 2 bedrooms and 1 bathroom, providing a cozy and charming space ideal for guests, in-laws, or rental income. Enjoy the convenience of being close to town while having the privacy and space of a sizable lot. This property is a rare find, offering flexibility, comfort, and excellent investment potential. Don't miss out on this exceptional opportunity in Christiansburg! Contact us today for a showing.
Investment Opportunity Alert! 3 rental units! Welcome to this charming 2-story Cape Cod gem boasting three distinct units, each offering its own unique appeal and solid rental income potential! Step into Unit 1000A, where a cozy living room awaits, complete with a decorative fireplace nestled amidst knotty pine walls, exuding warmth and character. Currently, Unit A is vacant and stands ready to welcome new tenants. Outside, revel in the ample yard space and unwind on the spacious rear deck, perfect for soaking up the sun or hosting gatherings. Unit 1000B invites you upstairs to a delightful 2-bedroom, 1-bathroom apartment, offering comfortable living quarters heated and cooled w/mini-splits, ideal for tenants seeking a peaceful retreat. Adjacent to the main house is Unit 1000C, presenting another inviting space, featuring 2 bedrooms, 1 bathroom, adding approx 770 more sq ft of living area. This unit has a fenced-in yard, for privacy and pets. Don't miss out on this opportunity!
The median home value in Christiansburg, VA is $305,000. This is higher than the county median home value of $280,600. The national median home value is $338,100. The average price of homes sold in Christiansburg, VA is $305,000. Approximately 55.1% of Christiansburg homes are owned, compared to 36.66% rented, while 8.24% are vacant. Christiansburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Christiansburg real estate agent to arrange a tour today!
Christiansburg, Virginia has a population of 23,174. Christiansburg is more family-centric than the surrounding county with 33.7% of the households containing married families with children. The county average for households married with children is 31.67%.
The median household income in Christiansburg, Virginia is $63,934. The median household income for the surrounding county is $60,666 compared to the national median of $69,021. The median age of people living in Christiansburg is 37.9 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 40.1 inches per year, with 23.6 inches of snow per year.