515 8th ST SW, Roanoke, VA 24016
$2,300,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
75,359
Status:
Closed
Current Price:
$2,300,000
List Date:
1/15/2020
Last Modified:
9/24/2024
Overview
Description
Multiple offers received. Highest and best due no later than 5 PM Tuesday, February 4th. Tastefully renovated SW luxury living with 24 residential all featuring granite counters, stainless steel appliances, dishwashers, in unit laundry, individual heat pumps, and elegant fixtures and finishes. In 2017, Few Old Goats microbrewery space on premise and opened a popular tasting room and outdoor patio beer garden. Residents enjoy affordable, convenient apartment living close to downtown attractions such as the Jefferson Center for arts and entertainment, the Roanoke River Greenway and convenient access to major employers such as the VA Tech / Carilion Medical School and Roanoke Memorial Hospital.
Supplements: ... (Read more)
Listing Details MLS# 866001
Location, Tax & Legal
- Area
- 0130 - City of Roanoke - SW
- Street Number
- 515
- Street Name
- 8th
- Street Suffix
- ST
- Street Direction Sfx
- SW
- State/Province
- VA
- Zip Code
- 24016
- Subdivision
- N/A
- Municipality
- City of Roanoke
- Elementary School
- Wasena
- Middle School
- James Madison
- High School
- Patrick Henry
- Major Area
- 01 - City of Roanoke
- Phase
- 0
- Lot
- LOT 1 2 & W PTS 3 4
- Block
- Yes
- Tax ID
- 1113111
- Annual Taxes
- 4256
- Section
- No
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1950
- Number of Units
- 24
- # Furnished
- Yes
- # Unfurnished
- 23
- # Leased Units
- 23
- Gross Bldg SQFT
- 19336
- Lot Dimensions
- 410x185
- Total Acreage
- 1.73
- Basement Y/N
- Yes
- Parking Description
- Private (10 or More)
- Operating Expense
- 110882
- Net Operating Income
- 178583
- Gross Income
- 289466
- Water Class
- N/A
Status Change Info
- Ratified Contract Dt
- 2020-02-06
- Sold Date
- 2020-04-10
Remarks & Misc
- Directions
- from downtown head west on Campbell Ave Property on corner of Campbell and 8th.
Limited Service
- Not Limited Service
- Yes
More Information
Construction
- Brick
- Yes
Basement
- Partial
- Yes
Heating
- Heat Pump Electric
- Yes
Cooling
- Central Air
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Owner Expenses
- Other - See Remarks
- Yes
Tenant Expenses
- Other - See Remarks
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Brick
Basement:
Partial
Heating:
Heat Pump Electric
Cooling:
Central Air
Water Description:
Public
Sewer Description:
Public Sewer
Owner Expenses:
Other - See Remarks
Tenant Expenses:
Other - See Remarks
Listing Office:
WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: September - 24 - 2024
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