2916 Clarendon AVE NW, Roanoke, VA 24012 (MLS# 911517)


$667,000
2916 Clarendon AVE NW
Roanoke, VA 24012
MLS# 911517



2916 Clarendon AVE NW, Roanoke, VA 24012
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Property Description
Fantastic investment opportunity in a prime location. This all brick 8-unit apartment complex is split into two buildings of four units each. Features include a huge parking lot with two designated spaces per unit, central heating and air, many updates including fresh paint, flooring, vanities, and appliances in many of the units, 3 newer hot water heaters, and a coin operated laundry facility on site. All units are on one level and feature zero or one step to gain entry. One unit has been recently renovated from top to bottom. The floor plan of these units is super practical with a large bedroom with private bath, breakfast area, living room and kitchen with storage. Call agent for showing instructions.

Details
Contract Information
Current Price: $667,000
Sold Price: $667,000
List Date: 2024-10-08
Status: Closed
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1984
Number of Units: 8
# Unfurnished: 8
# Leased Units: 7
Gross Bldg SQFT: 5120
Total Acreage: 0.35
Basement Y/N: No
Parking Description: Private (10 or More)
Operating Expense: 13478
Net Operating Income: 53422
Gross Income: 66900
Water Class: N/A
Location Legal Taxes
Area: 0150 - City of Roanoke - NE
Street Number: 2916
Street Name: Clarendon
Street Suffix: AVE
Street Direction Sfx: NW
State/Province: VA
Zip Code: 24012
Subdivision: Shady Lawn
Municipality: City of Roanoke
Elementary School: Round Hill
Middle School: James Breckinridge
High School: William Fleming
Status Change Info
Ratified Contract Dt: 2024-10-10
Sold Date: 2024-12-20
Sold Price: $667,000
Internet Access
Cur'nt Internet Prov: cox
Miscellaneous Info
Paid Utilities: water,lawn, elect
Expenses
Tax Exp: 6800
Insurance Exp: 3600
Electric Exp: 720
Water Exp: 2580
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Slab
Heating: Heat Pump Electric
Cooling: Central Air; Heat Pump Electric
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year; Month To Month
Owner Expenses: Lawn Care; Water
Interior Features: Breakfast Area
Misc Features: Laundry Facility; Maint-Free Exterior; Underground Util
Internet Access: Cable
Tenant Expenses: Electricity

Listing Office: RE/MAX ALL STARS

Last Updated: December - 23 - 2024

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