, Roanoke, VA 24015 (MLS# 824978)


$975,000
Roanoke, VA 24015
MLS# 824978



Front of Property
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Front of Property

Property Description
This is a 14 unit apartment building located near Grandin Village and as a result is very convenient to shopping, schools, theater and walking and biking trails such as the Greenway. These apartments are well maintained and remain nearly 100% leased. There is a washer and dryer in basement available to tenants. There is also a storage area available to tenants.

Details
General Property Description
Lot Dimensions: 100x250
Multi-Family Type: Apartments
Construction Status: Completed
Present Use: Built-As
# Furnished: 0
# Unfurnished: 14
# Leased Units: 14
Gross Bldg SQFT: 15014
Basement Y/N: Yes
Water Class: N/A
Parking Description: Private (10 or More)
Gross Income: 109450
Year Built: 1965
Number of Units: 14
Operating Expense: 61505
Net Operating Income: 47945
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 30 & 31
Block: 13
Tax ID: 1441315
Annual Taxes: 10623
Section: RC
Zoning Code: RM-2
POA Y/N: No
Area: 0130 - City of Roanoke - SW
State/Province: VA
Zip Code: 24015
Subdivision: N/A
Elementary School: Grandin Court
Middle School: Woodrow Wilson
High School: Patrick Henry
Remarks & Misc
Directions: From Towers Shopping Center take Brandon Ave toward Salem to right on Grandin Rd. Property on left at intersection of Grandin Road and Sherwood Ave right across from USPS offices.
Limited Service
Not Limited Service: 1
Construction
Wood: 1
Basement
Partial: 1
Heating
Forced Air Gas: 1
Misc Features
Laundry Facility: 1
Walk to School: 1
Miscellaneous Info
Public Transport: Yes
Cooling
Central Air: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Owner Expenses
Lawn Care: 1
Parking: 1
Tenant Expenses
All Utilities: 1
Contract Information
Current Price: $975,000
Sold Price: $975,000
List Date: 2016-04-08
Status: Closed
Status Change Info
Ratified Contract Dt: 2016-04-19
Sold Date: 2016-06-08
Sold Price: $975,000
Property Features
Limited Service: Not Limited Service
Construction: Wood
Basement: Partial
Heating: Forced Air Gas
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Owner Expenses: Lawn Care; Parking
Misc Features: Laundry Facility; Walk to School
Tenant Expenses: All Utilities

Listing Office: LONG & FOSTER - ROANOKE OFFICE

Last Updated: September - 18 - 2024

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