$390,000
$435,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
5,324 SqFt
SOLD DATE : 02/27/2020
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 5,324 sqft
Price per Sqft $73
Subdivision Old Southwest
MLS Listing ID 861037
Sold Date 02/27/20
Construction Status Completed
Year Built 1958
Annual Tax Amount $4,879
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Apartments
Property Description
8-unit building in one of the most established sections of Old SW with convenient access to the Franklin Road bridge, downtown, the hospital, and the newly emerging medical district. Roof replaced within past 10 years. Mostly vinyl windows. All apartments feature upgraded panel boxes, electric hot water heaters, & ductless mini-split central cooling units. With three units currently vacant, the property is poised for revitalization with tons of upside available, offering a true-value add investment opportunity.
Location
State VA
County City Of Roanoke
Area 0130 - City Of Roanoke - Sw
Zoning RM-2
Rooms
Basement Slab
Interior
Heating Ductless
Cooling Ductless, Other - See Remarks
Exterior
Parking Features Street
Building
Sewer Public Sewer
Water Public Water
Structure Type Cement Block
Construction Status Completed
Schools
Elementary Schools Highland Park
Middle Schools James Madison
High Schools Patrick Henry
Others
Tax ID 1031013
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Bought with THE REAL ESTATE GROUP
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424 Campbell Ave SW , Roanoke, VIRGINIA, 24016, Roanoke, Virginia, 24016, USA