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
- Major Area
- 01 - City of Roanoke
- Phase
- 0
- Lot
- 3
- Block
- 4
- Tax ID
- 3160129
- Annual Taxes
- 10593.26
- Section
- No
- POA Y/N
- No
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
- # Furnished
- 0
Status Change Info
- Ratified Contract Dt
- 2025-10-10
- Sold Date
- 2025-11-24
Remarks & Misc
- Directions
- Headed north on Williamson Rd., right on to Wildhurst Ave. then left onto Lee Ave. Property will be on your left.
Limited Service
- Not Limited Service
- Yes
More Information
Construction
- Brick
- Yes
Basement
- Slab
- Yes
Heating
- Forced Air Gas
- Yes
Cooling
- Central Air
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Lease Type
- One Year
- Yes
- Month To Month
- Yes
Owner Expenses
- Electricity
- Yes
- Lawn Care
- Yes
- Management Fee
- Yes
Tenant Expenses
- All Utilities
- Yes
Slr Pd Fin Concessns
- No
- Yes
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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