908 Greenhurst AVE NW & 914, Roanoke, VA 24012
$697,500
Property Type:
MultiFamily
Lot Size (sq. ft.):
18,295
Status:
Closed
Current Price:
$697,500
List Date:
7/06/2023
Last Modified:
9/28/2024
Description
9 unit built as apartment complex with an adjacent lot. See 360 tour of a sample unit. The property has been family owned for years and has multiple long term tenants with below market rents. See rent roll and expenses in documents tab. Add in the value of the adjacent lot the upside potential of this one is outstanding for the right investor. Property to be sold ''as-is-where-is'' seller to make no repairs. Inspections welcome for purchaser information only. Property is occupied so showing times are limited and only to prequalified purchasers with proof of funds with 4 business days advanced notice. First position owner financing available for the right purchaser at 6% interest with 20% down.
More Information MLS# 899632
Contract Information
Current Price: $697,500
Sold Price: $697,500
List Date: 2023-07-06
Status: Closed
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1973
Number of Units: 9
# Unfurnished: 9
# Leased Units: 9
Gross Bldg SQFT: 6630
Lot Dimensions: 72*247
Total Acreage: 0.42
Basement Y/N: No
Parking Description: Private (1 - 9)
Operating Expense: 13608
Net Operating Income: 72420
Gross Income: 58812
Water Class: N/A
Location Legal Taxes
Area: 0150 - City of Roanoke - NE
Street Number: 908
Street Name: Greenhurst
Street Suffix: AVE
Street Direction Sfx: NW
State/Province: VA
Zip Code: 24012
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Round Hill
Middle School: James Breckinridge
High School: William Fleming
Status Change Info
Ratified Contract Dt: 2023-08-15
Sold Date: 2023-09-22
Sold Price: $697,500
Property Features
Limited Service: Not Limited Service
Construction: Brick; Cement
Basement: Slab
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Owner Expenses: Trash Disposal; Water
Tenant Expenses: Electricity
Listing Office: JMAX PROPERTY MANAGEMENT LLC
Last Updated: September - 28 - 2024
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