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1202 Melrose Ave NW - 1202 Melrose AVE NW, Roanoke, VA 24017

2 Unit Apartment Building Offered at $178,450 at a 11.01% Cap Rate in Roanoke, VA 24017

Apartment Buildings Virginia Roanoke 1202 Melrose Ave NW, Roanoke, VA 24017

Investment Highlights

  • GREAT TURN KEY INVESTMENT APTS
  • FRESH PAINT INSIDE AND OUTSIDE
  • UPGRADED ELECTRICAL WIRING

Executive Summary

GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - STORAGE IN ATTIC AND BASEMENT - METAL ROOF - NEW WATER HEATER FOR UPSTAIRS UNIT - FRESH PAINT INSIDE AND OUTSIDE - FRONT AND BACK PORCHES - NEW LUXURY VINYL TILE - NEAR BUS LINE - BLOWN IN INSULATION IN WALLS AS WELL AS IN ATTIC - NEW CABINETS IN UNIT TWO - LAUNDRY HOOKUPS IN BOTH UNITS - LEVEL BACK LAWN - NEWLY REFINISHED CLAWFOOT TUB - HARDWOOD FLOORING - ON THE BUS LINE - VIEW ROANOKE STAR FROM YOUR BALCONY!

Property Facts

Price $178,450 Lot Size 0.17 AC
Price Per Unit $89,225 Building Size 1,728 SF
Sale Type Investment Average Occupancy 0%
Cap Rate 11.01% No. Stories 2
No. Units 2 Year Built 1925
Property Type Multifamily
Price $178,450
Price Per Unit $89,225
Sale Type Investment
Cap Rate 11.01%
No. Units 2
Property Type Multifamily
Lot Size 0.17 AC
Building Size 1,728 SF
Average Occupancy 0%
No. Stories 2
Year Built 1925

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - -
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PROPERTY TAXES

Parcel Number 2222808 Improvements Assessment $61,000
Land Assessment $10,800 Total Assessment $71,800

PROPERTY TAXES

Parcel Number
2222808
Land Assessment
$10,800
Improvements Assessment
$61,000
Total Assessment
$71,800
(540) 915-3637

Contact

  • Listing ID: 29546247

  • Date on Market: 9/18/2023

  • Last Updated:

  • Address: 1202 Melrose Ave NW, Roanoke, VA 24017

More public record information on 1202 Melrose Ave NW, Roanoke, VA 24017

The Harrison Multifamily Property at 1202 Melrose Ave NW, Roanoke, VA 24017 is currently available. Contact Brad Thomas Realtor LLC for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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1202 Melrose Ave NW - 1202 Melrose AVE NW, Roanoke, VA 24017
(540) 915-3637 x

1202 Melrose Ave NW - 1202 Melrose AVE NW, Roanoke, VA 24017

Brad Thomas

(540) 915-3637

(540) 915-3637

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