$950,000
$975,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
10,254 SqFt
SOLD DATE : 03/22/2024
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 10,254 sqft
Price per Sqft $92
MLS Listing ID 905225
Sold Date 03/22/24
Construction Status Completed
Year Built 1972
Annual Tax Amount $8,816
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Apartments
Property Description
Ideally located aside one of Roanoke's main thoroughfares and minutes from downtown Roanoke, this fully occupied 12-unit apartment complex offers a stable, performing asset with considerable upside. Currently under professional management, new leases have seen an increase of over 20%. Features include 1-bedroom and 2-bedroom floorplans, off street parking, onsite laundry facility, and central air in all units. Electricity separately metered and covered by tenants, owner pays water/sewer and trash removal. New roofs on both buildings within the last two years
Location
State VA
County City Of Roanoke
Area 0150 - City Of Roanoke - Ne
Zoning RMF
Rooms
Basement Crawl Space
Interior
Heating Heat Pump Electric
Cooling Central Cooling, Heat Pump Electric
Exterior
Parking Features Private (10 or More)
Building
Sewer Public Sewer
Water Public Water
Structure Type Brick,Vinyl
Construction Status Completed
Schools
Elementary Schools Lincoln Terrace
Middle Schools Lucy Addison
High Schools William Fleming
Others
Tax ID 3090921
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Bought with EXP REALTY LLC - FREDERICKSBURG
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