NOT LISTED FOR SALE

1415 3rd St SW Roanoke, VA 24016

Old Southwest Neighborhood
5 Beds
5 Baths
2,907 Sq Ft
7,405 Sq Ft Lot

Last Sold August 11, 2021

Last sale price $318,182 $109 Per Sq Ft

3 Days on Market

About This Home

As of August 2021

Investment opportunity. 5-unit apartment building located in Old Southwest. Unit mix includes a five 1-bedroom apartments. Electricity is separately metered. Property owner covers gas and water.Must be sold as a package with 1409 3rd St. SW (MLS #881961 ). Listing price for both properties is $749,900.00.

Last Listed By

Derek Hicks

WALDVOGEL COMMERCIAL PROPERTIES License #0225248097 Listed on: 07/13/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,765

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Interior Spaces

  • 2,907 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 10 / 5

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Old Southwest Subdivision

Building Details

  • 4 Leased Units
  • Operating Expense $16,915
  • Gross Income $36,900
  • Net Operating Income $19,985

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,765

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Window A/C
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 4.00
  • NumberUnfurnished: 5.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2021-07-16
  • TotalAnnualExpen: 16915.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

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

Schools

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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 10

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 2764.58
  • FILLTAXID: 1031213

Multi Family

  • Tenant Pays: Electricity
  • Units In Building: 5.00
  • Multi Family Type: Apartments

MLS Schools

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

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/11/2021 08/11/21 Sold $318,182 -0.6% $109 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $319,950 -- $110 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Derek Hicks

    Seller's Agent in 2021

    Derek Hicks

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 330-6126

    8 in this area

    48 Total Sales

    Derek Hicks
    Section Image
  • Matthew Zimmerman

    Seller Co-Listing Agent in 2021

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    10 in this area

    43 Total Sales

    Matthew Zimmerman
    Section Image

  • M

    Buyer's Agent in 2021

    Mason McLeod

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 597-5595

    3 in this area

    10 Total Sales

    Mason McLeod
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 881962

Roanoke Valley Association of REALTORS®

APN: 103-1213

Virginia Roanoke City County Roanoke 24016 Old Southwest

1415 3rd St SW, Roanoke, VA

Homes for Sale in Roanoke, VA

This home is located at 1415 3rd St SW, Roanoke, VA 24016 since 13 July 2021. This property was built in 1900. 1415 3rd St SW is a home located in Roanoke City with nearby schools including Highland Park 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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