2916 Clarendon AVE NW, Roanoke, VA 24012

$667,000

Property Type: MultiFamily Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $667,000 List Date: 10/08/2024 Last Modified: 12/23/2024

Overview

Description

Fantastic investment opportunity in a prime location. This all brick 8-unit apartment complex is split into two buildings of four units each. Features include a huge parking lot with two designated spaces per unit, central heating and air, many updates including fresh paint, flooring, vanities, and appliances in many of the units, 3 newer hot water heaters, and a coin operated laundry facility on site. All units are on one level and feature zero or one step to gain entry. One unit has been recently renovated from top to bottom. The floor plan of these units is super practical with a large bedroom with private bath, breakfast area, living room and kitchen with storage. Call agent for showing instructions.

Listing Details MLS# 911517

Location, Tax & Legal

Area: 0150 - City of Roanoke - NE
Street Number: 2916
Street Name: Clarendon
Street Suffix: AVE
Street Direction Sfx: NW
State/Province: VA
Zip Code: 24012
Subdivision: Shady Lawn
Municipality: City of Roanoke
Elementary School: Round Hill
Middle School: James Breckinridge
High School: William Fleming

General Property Description

Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1984
Number of Units: 8
# Unfurnished: 8
# Leased Units: 7
Gross Bldg SQFT: 5120
Total Acreage: 0.35
Basement Y/N: No
Parking Description: Private (10 or More)
Operating Expense: 13478
Net Operating Income: 53422
Gross Income: 66900
Water Class: N/A

Status Change Info

Ratified Contract Dt: 2024-10-10
Sold Date: 2024-12-20

Internet Access

Cur'nt Internet Prov: cox

Miscellaneous Info

Paid Utilities: water,lawn, elect

More Information

Expenses

Tax Exp: 6800
Insurance Exp: 3600
Electric Exp: 720
Water Exp: 2580

Property Features

Limited Service: Not Limited Service Construction: Brick Basement: Slab Heating: Heat Pump Electric Cooling: Central Air; Heat Pump Electric Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Electric Lease Type: One Year; Month To Month Owner Expenses: Lawn Care; Water Interior Features: Breakfast Area Misc Features: Laundry Facility; Maint-Free Exterior; Underground Util Internet Access: Cable Tenant Expenses: Electricity

Listing Office: RE/MAX ALL STARS

Last Updated: December - 23 - 2024

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