106 Lee AVE NE, Roanoke, VA 24012

$1,125,000
Property Type: MultiFamily Lot Size (sq. ft.): 20,473 Status: Closed
Current Price: $1,125,000 List Date: 9/25/2025 Last Modified: 11/24/2025

Overview

Description

Great 10 unit complex. Many of the units have been recently renovated. Rent roll posted in documents. Recent inspections posted. New lease on units 5 and 8 at 1099 a month. Unit 10 will be rented at 1099 shortly. Units individually metered for electric and water. No gas.

Listing Details MLS# 921306

Location, Tax & Legal

Area
0150 - City of Roanoke - NE
Street Number
106
Street Name
Lee
Street Suffix
AVE
Street Direction Sfx
NE
State/Province
VA
Zip Code
24012
Subdivision
N/A
Municipality
City of Roanoke
Elementary School
Preston Park
Middle School
James Breckinridge
High School
William Fleming

General Property Description

Multi-Family Type
Apartments
Construction Status
Completed
Year Built
1981
Number of Units
10
# Unfurnished
10
# Leased Units
9
Gross Bldg SQFT
10240
Total Acreage
0.47
Basement Y/N
No
Parking Description
Private (1 - 9)
Operating Expense
48700
Net Operating Income
57815
Gross Income
106515
Water Class
N/A

Status Change Info

Ratified Contract Dt
2025-10-10
Sold Date
2025-11-24

More Information

Property Features

Limited Service: Not Limited Service Construction: Brick Basement: Slab Heating: Forced Air Gas Cooling: Central Air Water Description: Public Sewer Description: Public Sewer Lease Type: One Year; Month To Month Owner Expenses: Electricity; Lawn Care; Management Fee Tenant Expenses: All Utilities Slr Pd Fin Concessns: No
Listing Office: THE GRANDIN AGENCY
Last Updated: November - 24 - 2025
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