NOT LISTED FOR SALE

0 Ferdinand Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
-- Bed
-- Bath
13,773 Sq Ft
0.83 Acres

Last Sold March 17, 2015

Last sale price $601,140 $44 Per Sq Ft

7 Days on Market

About This Home

As of March 2015

13 Unit portfolio consisting of 5 properties: three single family homes, one duplex & one 8-unit brick apartment building. 100% leased. All properties have been well-maintained with strong historic occupancy & significant capital improvements completed in recent years. Single family homes and duplex may be sold separately. See the attached marketing brochure under docs tab for complete info.

Last Listed By

Jason Fountain

VRC PROPERTIES LLC License #0225077081 Listed on: 11/18/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,978

Year Built

  • Built in 1930

Lot Details

  • 0.83 Acre Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 13,773 Sq Ft Home
  • Partial Basement

Schools

  • Wasena Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Listing and Financial Details

  • Tenant pays for - see remarks
  • Legal Lot and Block 15 / 2

Community Details

Overview

  • No Home Owners Association
  • 13 Units

Building Details

  • 13 Leased Units
  • Operating Expense $33,111
  • Gross Income $102,600
  • Net Operating Income $64,359

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,978

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Heating System: Other - See Remarks
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Other - See Remarks
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 13.00
  • NumberUnfurnished: 13.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2014-11-25
  • TotalAnnualExpen: 33111.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: Wasena
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: varies per property
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.83
  • Lot: 15
  • Present Use: Built-As

Building Info

  • Year Built: 1930

Tax Info

  • Taxes (6 mo): 4978.00
  • FILLTAXID: Multiple

Multi Family

  • Tenant Pays: Other - See Remarks
  • Units In Building: 13.00
  • Multi Family Type: Other - See Remarks

MLS Schools

  • Elementary School: Wasena
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2015 03/17/15 Sold $601,140 -6.7% $44 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $644,500 -- $47 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Fountain

    Seller's Agent in 2015

    Jason Fountain

    VRC PROPERTIES LLC

    (540) 354-6456

    6 in this area

    57 Total Sales

    Jason Fountain
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 809757

Roanoke Valley Association of REALTORS®

Virginia Roanoke City County Roanoke 24016 Old Southwest

0 Ferdinand Ave SW, Roanoke, VA

Homes for Sale in Roanoke, VA

This home is located at 0 Ferdinand Ave SW, Roanoke, VA 24016 since 18 November 2014. This property was built in 1930. 0 Ferdinand Ave SW is a home located in Roanoke City with nearby schools including Wasena Elementary School, James Madison Middle School, and Patrick Henry High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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