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
Overview
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.
Listing Details MLS# 899632
Location, Tax & Legal
- 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
- Major Area
- 01 - City of Roanoke
- Unit #
- & 914
- Phase
- 9
- Lot
- -
- Block
- -
- Tax ID
- 2060825 & 2060826
- Annual Taxes
- 5604
- Section
- Acreage Watts Land
- POA Y/N
- No
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
- # Furnished
- 0
Status Change Info
- Ratified Contract Dt
- 2023-08-15
- Sold Date
- 2023-09-22
Remarks & Misc
- Directions
- Williamson to left on 10th to left on Greenhurst to property on left
Limited Service
- Not Limited Service
- Yes
More Information
Construction
- Brick
- Yes
- Cement
- Yes
Basement
- Slab
- Yes
Heating
- Heat Pump Electric
- Yes
Cooling
- Heat Pump Electric
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Water Heater Type
- Tank
- Yes
Water Heater Energy
- Electric
- Yes
Owner Expenses
- Sewer
- Yes
- Trash Disposal
- Yes
- Water
- Yes
Tenant Expenses
- Electricity
- Yes
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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