$395,000
2906 Williamson RD NW
Roanoke, VA 24012
MLS# 907601



2906 Williamson RD NW, Roanoke, VA 24012
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2906 Williamson RD NW, Roanoke, VA 24012

Property Description
Great opportunity for investment. The building has 2 street level retail spaces, 3 apartments up stairs, and a large garage/basement storage area underneath. Apartments currently rent at a rate of $700 per unit and 1 at $750 paid monthly, retail space is currently un-rented. Building is both addresses 2906 Williamson and 2908 Williamson. Pictures of the apartment are all of apartment #2. Radiator gas heat from one central boiler.Landlord pays gas and water. Apartments 2 and 3 are both 2 bedroom 1 bathroom, but apartment 1 is 3 bedroom 1 bathroom.

Details
Maps
Contract Information
Current Price: $395,000
List Price: $395,000
List Date: 2024-05-15
Status: Active
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1950
Number of Units: 4
# Unfurnished: 3
# Leased Units: 3
Gross Bldg SQFT: 4800
Lot Dimensions: 50 x 150
Total Acreage: 0.16
Basement Y/N: Yes
Basement: Full Basement
Parking Description: Private (1 - 9)
Operating Expense: 6373
Net Operating Income: 26627
Gross Income: 33000
Water Class: N/A
Location, Legal & Taxes
Major Area: 01 - City of Roanoke
Area: 0150 - City of Roanoke - NE
Street Number: 2906
Street Name: Williamson
Street Suffix: RD
Street Direction Sfx: NW
State/Province: VA
Zip Code: 24012
Subdivision: Bowman Lawn
Phase: 710
Subdivision Map: Bowman Lane
Lot: 2
Block: 3
Section: Williamson Rd North
Municipality: City of Roanoke
Tax ID: 207-0702
Annual Taxes: 2315.86
Zoning Code: CG
POA Y/N: No
Elementary School: Preston Park
Middle School: James Breckinridge
High School: William Fleming
Remarks & Misc
Directions: North on Williamson to 2906/2908 on the left.
Property Features
Limited Service: Not Limited Service
Construction: Cement Block
Heating: Radiator Gas Heat
Cooling: Window A/C
Water Description: Public Water
Sewer Description: Public Sewer
Owner Expenses: Gas; Water
Tenant Expenses: Air Conditioning; Electricity

Listing Office: COLDWELL BANKER TOWNSIDE, REALTORS®

Last Updated: May - 15 - 2024


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