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
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.
More Information MLS# 921306
Contract Information
Current Price: $1,125,000
Sold Price: $1,125,000
List Date: 2025-09-23
Status: Closed
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
Location Legal Taxes
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
Status Change Info
Ratified Contract Dt: 2025-10-10
Sold Date: 2025-11-24
Sold Price: $1,125,000
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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