NOT LISTED FOR SALE

908 Greenhurst Ave NW Unit & 914 Roanoke, VA 24012

Williamson Road Neighborhood
-- Bed
-- Bath
6,630 Sq Ft
0.42 Acres

Last Sold September 22, 2023

Last sale price $697,500 $105 Per Sq Ft

40 Days on Market

About This Home

As of September 2023

9 unit built as apartment complex with an adjacent lot. See 360 tour of a sample unit. The property has been family owned for years and has multiple long term tenants with below market rents. See rent roll and expenses in documents tab. Add in the value of the adjacent lot the upside potential of this one is outstanding for the right investor. Property to be sold ''as-is-where-is'' seller to make no repairs. Inspections welcome for purchaser information only. Property is occupied so showing times are limited and only to prequalified purchasers with proof of funds with 4 business days advanced notice. First position owner financing available for the right purchaser at 6% interest with 20% down.

Last Agent to Sell the Property

Steve Pardon

JMAX PROPERTY MANAGEMENT LLC License #0225181673 Listed on: 07/06/2023

Last Buyer's Agent

Steve Pardon

JMAX PROPERTY MANAGEMENT LLC License #0225181673 Listed on: 07/06/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,604

Year Built

  • Built in 1973

Lot Details

  • 0.42 Acre Lot

Home Design

  • 6,630 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Round Hill Elementary School
  • James Breckinridge Middle School
  • William Fleming High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • 9 Leased Units
  • Operating Expense $13,608
  • Gross Income $58,812
  • Net Operating Income $72,420

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,604

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Heat Pump Electric
  • CondoAssocYN: No
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 9.00
  • NumberUnfurnished: 9.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2023-08-15
  • TotalAnnualExpen: 13608.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • 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

Schools

  • Elementary School: Round Hill
  • Middle School: James Breckinridge
  • High School: William Fleming

Lot Info

  • Lot Dimensions: 72*247
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.42
  • Phase: 9

Building Info

  • Year Built: 1973

Tax Info

  • Taxes (6 mo): 5604.00
  • FILLTAXID: 2060825 & 2060826

Multi Family

  • Tenant Pays: Electricity
  • Units In Building: 9.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Round Hill
  • HighSchool: William Fleming
  • Middle School: James Breckinridge

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 List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $697,500 -7.0% $105 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $750,000 -- $113 / 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: 899632

Roanoke Valley Association of REALTORS®

APN: 206-0825