618 Day AVE SW, Roanoke, VA 24016 (MLS# 856657)


$610,000
618 Day AVE SW
Roanoke, VA 24016
MLS# 856657



618 Day AVE SW, Roanoke, VA 24016
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Property Description
Charming 1928 brick building with ten apartments including studios, 1- and 2-bedrooms. It has been completely renovated and features updated kitchens and baths with modern appliances and fixtures. Professionally managed and walking distance to the Jefferson Center, Kirk YMCA, and the Roanoke greenway. Located just minutes from the Jefferson College of Health Sciences, VA Tech Carilion School of Medicine & Research Institute, and Downtown Roanoke.

Details
Contract Information
Current Price: $610,000
Sold Price: $610,000
List Date: 2019-03-04
Status: Closed
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1928
Present Use: Built-As
Number of Units: 10
# Unfurnished: 10
# Leased Units: 9
Gross Bldg SQFT: 7500
Total Acreage: 0.15
Basement Y/N: Yes
Parking Description: On Street
Operating Expense: 25721
Net Operating Income: 42433
Gross Income: 70920
Water Class: N/A
Location Legal Taxes
Area: 0130 - City of Roanoke - SW
Street Number: 618
Street Name: Day
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: Old Southwest
Municipality: City of Roanoke
Elementary School: Wasena
Middle School: James Madison
High School: Patrick Henry
Status Change Info
Ratified Contract Dt: 2019-04-15
Sold Date: 2019-06-14
Sold Price: $610,000
Miscellaneous Info
Public Transport: Yes
Upgrades: Baths, Kitchens, Etc
Paid Utilities: Water/Sewer
Expenses
Maintenance Exp: 6737
Insurance Exp: 2508
Gas Exp: 1107
Water Exp: 3307
Other Exp: 1200
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Partial; Walk-Out Access
Heating: Heat Pump Electric; Zoned
Cooling: Central Air; Zoned
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Natural Gas
Lease Type: One Year
Owner Expenses: Lawn Care; Management Fee; Water
Tenant Expenses: Air Conditioning; Electricity; Heating

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: December - 27 - 2024

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