2037 Laburnum AVE SW, Roanoke, VA 24015

$726,000
Property Type: MultiFamily Lot Size (sq. ft.): 7,841 Status: Closed
Current Price: $726,000 List Date: 5/03/2023 Last Modified: 12/27/2024

Description

Unique opportunity to own a charming, brick eight-unit apartment building nestled in a serene, single- family neighborhood around Grandin Village. This vintage building boasts Roanoke's unique small apartment character featuring colonial style architecture, sturdy turn-of-the-century construction and open-air porches for every resident. Other features include high ceilings, hardwood floors and exterior access to all units. Walking distance to Patrick Henry High School and the Grandin Village. All units are 1-BR with galley kitchens include dishwasher, electric range and refrigerator. Laundry on site. Owner financing or installment sale terms are preferred for qualified investors. Newer boiler. Window AC. All offers should be submitted by 5/10/23.

More Information MLS# 897909

Contract Information

Current Price: $726,000 Sold Price: $726,000 List Date: 2023-04-30 Status: Closed

General Property Description

Multi-Family Type: Apartments Construction Status: Completed Year Built: 1925 Present Use: Built-As Number of Units: 8 # Unfurnished: 8 # Leased Units: 7 Gross Bldg SQFT: 6470 Lot Dimensions: 50X160 Total Acreage: 0.18 Basement Y/N: Yes Parking Description: Private (1 - 9) Operating Expense: 26558 Net Operating Income: 39241 Gross Income: 68900 Water Class: N/A

Location Legal Taxes

Area: 0130 - City of Roanoke - SW Street Number: 2037 Street Name: Laburnum Street Suffix: AVE Street Direction Sfx: SW State/Province: VA Zip Code: 24015 Subdivision: Grandin Court Municipality: City of Roanoke Elementary School: Grandin Court Middle School: Woodrow Wilson High School: Patrick Henry

Status Change Info

Ratified Contract Dt: 2023-05-12 Sold Date: 2023-06-26 Sold Price: $726,000

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 Water Heater Energy: Natural Gas Lease Type: One Year; Month To Month Owner Expenses: Lawn Care; Water Tenant Expenses: Air Conditioning; Electricity
Listing Office: WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 27 - 2024
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