NOT LISTED FOR SALE

116 Patton Ave NW Unit A & APT B Roanoke, VA 24016

Gainsboro Neighborhood
-- Bed
-- Bath
1,580 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: June 7, 2024

Last sale price $160,000 $101 Per Sq Ft

6 Days on Market

About This Home

As of June 2024

Welcome to your new home with breathtaking views of the Roanoke Skyline! This charming duplex offers the perfect opportunity for investors or those seeking rental income. The first unit boasts three spacious bedrooms and one bath, fully remodeled to modern standards, and currently occupied. Meanwhile, the second unit, featuring two bedrooms and one bath, is undergoing renovations to ensure it meets the same high standards. Positioned conveniently close to downtown and the bus line, this property promises easy access to urban amenities while maintaining a serene atmosphere. With its potential for excellent cash flow and the allure of city vistas, this duplex presents an enticing investment opportunity. Don't miss out on the chance to make this your next successful venture in real estate!

Last Agent to Sell the Property

Rob Jessee

REALSTAR, REALTORS(r) LLC License #0225219859 Listed on: 04/03/2024

Last Buyer's Agent

Leslie Epperly

REAL BROKER LLC - MCLEAN License #0225249710

REAL BROKER LLC - MCLEAN
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,680

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot

Interior Spaces

  • 1,580 Sq Ft Home
  • City Views
  • Crawl Space

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 6 / 2

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Manager Expense $1,320
  • New Taxes Expense $1,685
  • Gross Income $1,100
  • Net Operating Income $1,100

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,680

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Heating System: Gas - Natural
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Window A/C
  • Views: City
  • CondoAssocYN: No
  • ExpensesManagementExp: 1320.00
  • ExpensesTaxExp: 1685.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.07
  • Lot: 6
  • Present Use: Built-As

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 1680.00

Multi Family

  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Prior Sale
06/07/2024 06/07/24 Sold $160,000 0.0% $101 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $160,000 +527.5% $101 / Sq Ft
06/09/2016 06/09/16 Sold $25,500 +2.0% $16 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $25,000 -- $16 / 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: 906325

Roanoke Valley Association of REALTORS®

APN: 201-1708

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