The Historic Montgomery House in Downtown Blacksburg

In the Heart of Downtown Blacksburg

Address

  •   103 Penn Street Southeast, Blacksburg, VA 24060, US

Map

The Historic Montgomery House in Downtown Blacksburg

103 Penn Street, Blacksburg, VA 24060

 

Bid Live or Online

 

May 26th, 2023 at 12 Noon

 

 

 

Auction Highlights:       

                                                                                                                                                                                         

  • Ideal Investment Propertyin the heart of Downtown Blacksburg!  This is your chance to own a piece of Blacksburg History!
     
  • Only $150,000 Starting Bid!!!
     
  • Originally a two story cabin built around 1790 and considered to be one of the oldest houses in Blacksburg.  It was moved from across the street from where it now stands, and encased with weatherboard between 1800-1830
     
  • Restored and Modernized in 1967
     
  • Original Wood Beams, Hand Hewn Logs Exposed in Upstairs Room, Fireplace, Floors, and Antique Brick
     
  • Recorded by the Virginia Historic Landmarks Commission
     
  • Single Family Home in Desirable Downtown Blacksburg with large private back yard
     
  • 3 Bedrooms with potential for 4th bedroom in basement (currently 2 bedrooms on main floor and unconventional large bedroom upstairs needs closet)
     
  • 2 Baths- 1 Full Bath on Main Level with Potential for 2nd Bath in Basement
     
  • 2, 502 sq. feet
     
  • 7, 492 sq. foot lot/ 0.172 Acres
     
  • Walking Distance to Virginia Tech
     
  • Parcel # 001091
     
  • Zoned R-5
     
  • Blacksburg School District
     
  • Town Water and Sewer
     
  • Home is in need of repair and is an excellent candidate for complete renovation and opportunity for tax credit for historical homes that present income.   Location is everything!!!!

Terms of Sale for Real Estate:  The property will be sold “as is” with no warranties, either expressed or implied, except as to Seller’s warranty of good and unencumbered title, possession at settlement, and otherwise as required by law. Deposit on the day of auction will be 13% with credit card or 10% with cash or check of the high bid due immediately after conclusion of auction.  We accept cash or check with bank letter of guaranteed funds. Balance due at closing within 45 days at which time a deed will be delivered. A 13% buyer’s premium with 3% discount with cash or check will be added to the final hammer price. All information derived from reliable sources believed to be correct, but not guaranteed. Buyers shall rely entirely on their own judgment and inspection. Announcements from the auction block take precedence over any previously printed material or any other oral statements made. Linkous Auction Group is acting exclusively on behalf of the seller in this transaction.

 

Sale is Being Conducted by:   Linkous Auction Group, Taylor E. Linkous, VAAL #2974.  For Further Information please call/text Taylor at 540.392.4625, email Taylor at taylor@linkousauctiongroup.com, or check our website at www.linkousauctiongroup.com.  For information about broker participation, pre-auction day offers, or private showings, please visit our website or contact Taylor.

 

The property will be sold “as is” with no warranties, either expressed or implied, except as to Seller’s warranty of good and unencumbered title, possession at settlement, and otherwise as required by law.  10% of the high bid must be paid on the day of sale.  We accept cash or check with bank letter of guaranteed funds. Balance due at closing within 45 days at which time a deed will be delivered. A 10% buyer’s premium will be added to the final hammer price. All information derived from reliable sources believed correct, but not guaranteed. Buyers shall rely entirely on their own judgment and inspection. Announcements from the auction block take precedence over any previously printed material or any other oral statements made. Linkous Auction Group is acting exclusively on behalf of the seller in this transaction.