NOT LISTED FOR SALE
6 Beds
2 Baths
1,072 Sq Ft
8,276 Sq Ft Lot

Last Sold November 17, 2020

Last sale price $90,000 $84 Per Sq Ft

4 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of November 2020

Attention Investors!!! This charming Duplex is close to the interstate, restaurants, parks, trails, downtown Roanoke and located on the bus route. This duplex is home to 2 long term tenants with great rental history. New Roof and Exterior paint. Both units are on month to month lease. Upper unit has 1 bed and 1 bath with kitchen. Lower units has 2 beds and 1 bath with kitchen. Bottom unit has washer and dryer hook ups. Awesome unit on corner lot with tons of parking and additional lot that can be developed.

Last Agent to Sell the Property

Kayla Mann

SHEPHERD REALTY GROUP License #0225225706 Listed on: 09/14/2020

Co-Listed By

Mike Mann

SHEPHERD REALTY GROUP License #0225230466

Last Buyer's Agent

Grant Cockrell

RE/MAX ALL STARS License #0225175737

RE/MAX ALL STARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50 x 160

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1,072 Sq Ft Home
  • Basement
  • Dirt Floor

Schools

  • Lincoln Terrace Elementary School
  • Lucy Addison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for water
  • Legal Lot and Block 6 & 7 / 2

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Operating Expense $840
  • Gross Income $1,020
  • Net Operating Income $9,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$755

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric, Forced Air Electric
  • Type: Multi-Family
  • Has Basement: Dirt - Full
  • Cooling System: Window A/C
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • MiscellaneousInfoUpgrades: Roof&Exterior Paint
  • NumberLeasedUnits: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2020-09-18
  • TotalAnnualExpen: 840.00
  • Water Class: N/A
  • YardSign: Yes
  • 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: Lincoln Terrace
  • Middle School: Lucy Addison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50 x 160
  • Property Group Id: 19990816212116581394000000
  • Lot: 6 & 7

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 755.00
  • FILLTAXID: 2121306 & 2121307

Multi Family

  • Lease Type: Month-to-Month
  • Tenant Pays: Water
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Lincoln Terrace
  • HighSchool: Patrick Henry
  • Middle School: Lucy Addison

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
11/17/2020 11/17/20 Sold $90,000 -5.2% $84 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $94,950 +137.4% $89 / Sq Ft
08/01/2020 08/01/20 Sold $40,000 -44.8% $37 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $72,500 -- $68 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873361

Roanoke Valley Association of REALTORS®

APN: 212-1306