NOT LISTED FOR SALE

640 Day Ave SW Roanoke, VA 24016

Old Southwest Neighborhood
4 Beds
4 Baths
3,200 Sq Ft
6,534 Sq Ft Lot

Last Sold October 01, 2014

Last sale price $132,600 $41 Per Sq Ft

32 Days on Market

Highlights

  • No HOA
  • Tankless Water Heater
  • Laundry Facilities

About This Home

As of October 2014

Income Producer! Perfect opportunity for a seasoned or new investor. Four 1Br,1Ba units with full kitchens. Tenant pays gas & electric. Off street parking. Walk up attic w/ storage. Large common area foyer and covered front porch. Medeco lock system, Full basement, On-site laundry. Located within a short walk from downtown Roanoke.

Last Agent to Sell the Property

Joe Kraft

LICHTENSTEIN ROWAN, REALTORS(r) License #0225180222 Listed on: 07/12/2014

LICHTENSTEIN ROWAN, REALTORS(r)

Co-Listed By

Valerie Eagle

PARK PLACE REALTY INC License #0225043304

Last Buyer's Agent

Joe Kraft

LICHTENSTEIN ROWAN, REALTORS(r) License #0225180222 Listed on: 07/12/2014

LICHTENSTEIN ROWAN, REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 4 Parking Spaces

Home Design

  • 3,200 Sq Ft Home
  • Quadruplex

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Month-to-Month Lease Term
  • Legal Lot and Block 5 / 3

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Operating Expense $4,208
  • Gross Income $15,300
  • Net Operating Income $11,092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,666

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Heating System: Radiator Gas Heat
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Window A/C
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 4.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2014-08-13
  • SubdivisionMap: Lewis
  • TotalAnnualExpen: 4208.00
  • Water Class: N/A
  • Water Heater Energy: Natural Gas
  • 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
  • Water Heater Type: Tank-less

Association/Amenities

  • Misc Features: Historical Theme, Laundry Facility

Schools

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

Lot Info

  • Lot Dimensions: 50x130
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.15
  • Lot: 5
  • Present Use: Converted
  • ZoningCode: RM-1

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 1666.00
  • FILLTAXID: 1120506

Multi Family

  • Lease Type: Month-to-Month, One Year
  • Tenant Pays: Cable TV, Electricity, Gas
  • 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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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
10/01/2014 10/01/14 Sold $132,600 -17.1% $41 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
07/12/2014 07/12/14 For Sale $159,950 -- $50 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Kraft

    Seller's Agent in 2014

    Joe Kraft

    LICHTENSTEIN ROWAN, REALTORS(r)

    (727) 296-7492

    22 in this area

    366 Total Sales

    Joe Kraft
    Section Image
  • Valerie Eagle

    Seller Co-Listing Agent in 2014

    Valerie Eagle

    PARK PLACE REALTY INC

    (540) 537-1808

    13 in this area

    66 Total Sales

    Valerie Eagle
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 805882

Roanoke Valley Association of REALTORS®

APN: 112-0506

Virginia Roanoke City County Roanoke 24016 Old Southwest

640 Day Ave SW, Roanoke, VA

This home is located at 640 Day Ave SW, Roanoke, VA 24016 since 12 July 2014. This property was built in 1920. 640 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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