NOT LISTED FOR SALE

620 Day Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
4 Beds
6 Baths
2,484 Sq Ft
6,534 Sq Ft Lot

Last Sold April 29, 2019

Last sale price $250,000 $101 Per Sq Ft

11 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 5-minute walk to Highland Park
  • Storage

About This Home

As of April 2019

Stately brick quad located in Old SW just blocks from Downtown. The property offers four 1BR/1BA apartments & has been well maintained under professional management with additional upside available through continued upgrades to unit interiors and/or installation of central HVAC. Each unit has its own electric meter & is currently serviced by baseboard electric heat & window AC. Beautiful hardwood floors, quiet sitting porches, & elegant brick fireplace all make this property perfect for investors & owner occupants alike. Private driveway, existing garage building, & large unfinished basement area give plenty of space for storage.

Co-Listed By

Matthew Zimmerman

WALDVOGEL COMMERCIAL PROPERTIES License #0225229039

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,831

Year Built

  • Built in 1922

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 130

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2,484 Sq Ft Home
  • Fireplace Features Masonry
  • Storage
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, - see remarks
  • Legal Lot and Block 9 / 3

Community Details

Overview

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

Building Details

  • 1 Leased Unit
  • Maintenance Expense $2,696
  • Water Sewer Expense $812
  • New Taxes Expense $1,831
  • Operating Expense $7,217
  • Gross Income $28,380
  • Net Operating Income $19,744

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,831

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Interior Features: Masonry Fireplace, Storage
  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Window A/C
  • ExpensesTaxExp: 1831.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 4.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2019-03-01
  • TotalAnnualExpen: 7217.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • 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
  • Expenses Water Exp: 812.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

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

Lot Info

  • Lot Dimensions: 50 x 130
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.15
  • Lot: 9
  • Present Use: Converted
  • ZoningCode: RM-1

Building Info

  • Year Built: 1922

Tax Info

  • Taxes (6 mo): 1831.00
  • FILLTAXID: 1120510

Multi Family

  • Tenant Pays: Air Conditioning, Electricity, Other - See Remarks
  • Units In Building: 4.00
  • Multi Family Type: Quad

MLS Schools

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

Range of Values:

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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 List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $250,000 0.0% $101 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $250,000 -- $101 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Zimmerman

    Seller Co-Listing Agent in 2019

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    8 in this area

    38 Total Sales

    Matthew Zimmerman
    Section Image
  • Jason Fountain

    Buyer Co-Listing Agent in 2019

    Jason Fountain

    VRC PROPERTIES LLC

    (540) 354-6456

    3 in this area

    54 Total Sales

    Jason Fountain
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 856174

Roanoke Valley Association of REALTORS®

APN: 112-0510

Virginia Roanoke City County Roanoke 24016 Old Southwest

620 Day Ave SW, Roanoke, VA

This home is located at 620 Day Ave SW, Roanoke, VA 24016 since 18 February 2019. This property was built in 1922. 620 Day 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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