378 Elm AVE SW, Roanoke, VA 24016
$900,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
6,534
Status:
Closed
Current Price:
$900,000
List Date:
8/07/2015
Last Modified:
12/27/2024
Overview
Description
Elegant brick apartment building located within walking distance of Downtown in Roanoke' s historic Old Southwest neighborhood. This 14 unit building features a mix of one-bedroom, two-bedroom and studio apartments with a strong rental history. Amenities include refinished hardwood floors throughout and a coin operated laundry facility for additional income. A brand new architectural shingle roof
Supplements:
Listing Details MLS# 818116
Location, Tax & Legal
- Area
- 0130 - City of Roanoke - SW
- Street Number
- 378
- Street Name
- Elm
- Street Suffix
- AVE
- Street Direction Sfx
- SW
- State/Province
- VA
- Zip Code
- 24016
- Subdivision
- Old Southwest
- Municipality
- City of Roanoke
- Elementary School
- Hurt Park
- Middle School
- James Madison
- High School
- Patrick Henry
- Major Area
- 01 - City of Roanoke
- Phase
- 0
- Lot
- Yes
- Block
- 14
- Tax ID
- 1020701
- Annual Taxes
- 6001
- Section
- No
- Zoning Code
- RM-2
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1920
- Present Use
- Built-As
- Number of Units
- 14
- # Unfurnished
- 14
- # Leased Units
- 14
- Gross Bldg SQFT
- 8208
- Lot Dimensions
- 50 x 130
- Total Acreage
- 0.15
- Basement Y/N
- Yes
- Parking Description
- On Street
- Operating Expense
- 49335
- Net Operating Income
- 58695
- Gross Income
- 111000
- Water Class
- N/A
- # Furnished
- 0
Status Change Info
- Ratified Contract Dt
- 2015-08-29
- Sold Date
- 2015-11-18
Miscellaneous Info
- Public Transport
- Yes
Remarks & Misc
- Directions
- I 581 to right (west) on Elm Ave. Property on left at corner of Elm and 4th.
More Information
Limited Service
- Not Limited Service
- Yes
Construction
- Brick
- Yes
Basement
- Partial
- Yes
Views
- City
- Yes
Heating
- Radiator Gas Heat
- Yes
Misc Features
- Current Lease
- Yes
- Historical Theme
- Yes
Cooling
- Window Unit(s)
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Water Heater Type
- Tank
- Yes
Lease Type
- One Year
- Yes
Owner Expenses
- Electricity
- Yes
- Heating
- Yes
- Management Fee
- Yes
Tenant Expenses
- No Utilities
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Brick
Basement:
Partial
Heating:
Radiator Gas Heat
Cooling:
Window Unit(s)
Water Description:
Public
Sewer Description:
Public Sewer
Water Heater Type:
Tank
Lease Type:
One Year
Owner Expenses:
Electricity; Management Fee
Misc Features:
Current Lease; Historical Theme
Tenant Expenses:
No Utilities
Listing Office:
WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 27 - 2024
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