NOT LISTED FOR SALE
-- Bed
-- Bath
13,773 Sq Ft
0.83 Acre Lot

Sale Details

Date 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 Agent to Sell the Property

Jason Fountain, CCIM

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

  • 36,155 Sq Ft 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

0.83 Acres

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
  • 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

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

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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®

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 809757

Roanoke Valley Association of REALTORS®
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