807 Patterson AVE SW, Roanoke, VA 24016 (MLS# 852325)
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Paul
$75,000
807 Patterson AVE SW Roanoke, VA 24016 MLS# 852325
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Property Description This income producing duplex is located in Roanoke's West End, a redeveloping urban neighborhood close to the Jefferson Center, restaurants, breweries and downtown. A new roof in 2017 and large lot size make this a great rehab opportunity, and MX zoning allows for live/work space or up to three apartments. Historic rehabilitation tax credits available. Rents are currently $600 downstairs and $650 upstairs,, with owner paying gas bill.
Details
Maps
General Property Description
Lot Dimensions: 50x153
Multi-Family Type: Duplex
Construction Status: Completed
Total Acreage: 0.18
# Furnished: 0
# Unfurnished: 2
# Leased Units: 2
Gross Bldg SQFT: 2640
Basement Y/N: Yes
Water Class: N/A
Parking Description: Private (1 - 9)
# Vehicle Spaces: 2
Gross Income: 15600
Year Built: 1900
Number of Units: 2
Operating Expense: 4820
Net Operating Income: 10780
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Subdivision Map: Taylor Lands
Lot: 44
Block: N/A
Tax ID: 1112217
Annual Taxes: 886.94
Section: N/A
Zoning Code: MX
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 807
Street Name: Patterson
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Wasena
Middle School: James Madison
High School: Patrick Henry
Remarks & Misc
Directions: From downtown take Campbell Avenue west until it turns into Patterson. Corner 8th and Patterson SW
Limited Service
Not Limited Service: 1
Construction
Vinyl: 1
Wood: 1
Basement
Partial: 1
Heating
Forced Air Gas: 1
Miscellaneous Info
Public Transport: Yes
Cooling
None: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Lease Type
One Year: 1
Owner Expenses
Sewer: 1
Trash Disposal: 1
Water: 1
Tenant Expenses
Electricity: 1
Expenses
Tax Exp: 886.94
Insurance Exp: 400
Water Exp: 1200
Contract Information
Current Price: $75,000
Sold Price: $75,000
List Date: 2018-09-11
Status: Closed
Status Change Info
Ratified Contract Dt: 2020-02-17
Sold Date: 2020-03-16
Sold Price: $75,000
Property Features
Limited Service: Not Limited Service
Construction: Vinyl; Wood
Basement: Partial
Heating: Forced Air Gas
Cooling: None
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year
Owner Expenses: Trash Disposal; Water
Tenant Expenses: Electricity
Listing Office: WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: September - 22 - 2024
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