105 LEE ST $4,995,000


    105 LEE ST BLACKSBURG, VA 24060

    • 3 Beds
    • 3 Baths
    • 1,900 sq. ft.
    • Row/Townhouse
    • MLS# VAMV100046
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    Property Details

    Over the course of four years, Kelsey Row was carefully designed and created with input from the Blacksburg Historic or Design Review Board (HDRB). The design and finishes have been carefully selected to retain historical relevance, while modernizing and improving the property to become an integral part of the downtown atmosphere. These three bedroom, two and a half bath units won't be available for long. Purchase early and you could select your own options. Parking is at a premium downtown, especially during game days and other big campus events. Save yourself the time and headache of dealing with parking. Every unit in Kelsey Row has an attached two car garage; and don't forget about the bus stop next door in front of the Cabo Fish Taco. With the convenient location and easy access to transit, you can park your car and forget about it until you have to leave Blacksburg. Pre-sales beginning now! With only seven units to choose from, Kelsey Row will be sold out before you know it. Rarely offered Investment opportunity in downtown Blacksburg, VA. Located only 2 blocks from the Virginia Tech campus, this property could proforma at 5.35% CAP rate! Don't miss the optional adjacent parcel at 201 S Main, also available for sale at $1.3M: this historic property could provide a great location for a restaurant. This unique property has the potential to capture the demand from campus, the Main Street Inn next door, and the town house residences. The restaurant could drive an estimated cap rate of 6.65%. Take advantage of tax incentives as this entire property is also located within the Opportunity Zone. Sellers are licensed RE agents in Virginia.

    • General Features
      • Condo Coop Association Y/N N
      • County MONTGOMERY
      • Historic Y/N Y
      • HOA 60.00
      • HOA Frequency Monthly
      • HOA Y/N Y
      • New Construction Y/N Y
      • Pool No Pool
      • Sale Type Standard
      • Senior Community Y/N N
      • Tax Annual Amount 6500.00
      • Tax Year 2021
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 2021
      • Zoning R2
    • Building Features
      • Cooling Fuel Electric
      • Cooling Type Central A/C
      • Garage Spaces Count 2.00
      • Garage Type Garage - Front Entry
      • Garage Y/N Y
      • Heating Fuel Electric,Central
      • Heating Type Central, Forced Air
      • Sewer Septic Public Septic
      • Style Contemporary
      • Total Garage And Parking Spaces 2
      • Total Living Area 1900
    • Room Features
      • Bedrooms 3
      • Bathrooms 3
      • Bathrooms Count Main Level 1.00
      • Bathrooms Half Main Level 1
      • Full Bathrooms 2
      • Half Bathrooms 1
    • Property Features
      • Lot Size Acres 0
      • Lot Size Dimensions 1001
    • Schools
      • Elementary School HARDING AVENUE
      • High School BLACKSBURG
      • Middle Or Junior School BLACKSBURG


    GKS Brown Realty Services


    GKS Brown Realty Services

    Office: 484-220-1000


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    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $4,995,000
    4/7/2021 9:48:00 PM New in Database Source New Value: $4,995,000

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    Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2021 BRIGHT MLS – All Rights Reserved.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.