1736 Grandin Rd SW - Gateway to Grandin Village
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1736 Grandin Rd SW - Gateway to Grandin Village
4 Unit Apartment Building Offered at $799,950 in Roanoke, VA 24015
Investment Highlights
- High visibility on corner of Sherwood and Grandin
- Seconds away from restaurants, shopping and greenway
- Lots of natural lights
Executive Summary
WELCOME TO 1736 GRANDIN RD, THE GATEWAY TO GRANDIN VILLAGE! THIS STATELY PROPERTY HAS BEEN CONVERTED INTO 4 APARTMENTS. MAIN LEVEL IS FUNCTIONING AS AN OFFICE SPACE WITH SCREENED-IN PORCH THAT COULD BE A 2 BED/1.5 BATH APARTMENT. UPPER LEVEL FEATURES 2 APARTMENTS - 2BED/1BTH & 1BED/1BTH. SIDE UNIT IS TOWNHOUSE STYLE WITH 2BED/1BTH. LARGE, DRY FULL WALK-OUT BASEMENT PERFECT FOR STORAGE. PRIVATE PARKING LOT IN REAR. THIS PROPERTY HAS BEEN APPROVED FOR EXPANSION BY ADDING ON TO EXISTING BUILDING AND/OR BUILDING NEW DETACHED STRUCTURES IN REAR. CAPITALIZE YOUR INVESTMENT WITH THIS UNIQUE PROPERTY. NOW IS YOUR CHANCE TO OWN A COVETED PEICE OF THE HISTORIC GRANDIN VILLAGE! SOME REPLACEMENT WINDOWS THROUGHOUT PROPERTY. NEWER HVAC UNITS.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $799,950 | Building Class | B |
| Price Per Unit | $199,988 | Lot Size | 0.57 AC |
| Sale Type | Investment | Building Size | 4,864 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1926 |
| Apartment Style | Single Family Home |
| Price | $799,950 |
| Price Per Unit | $199,988 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Single Family Home |
| Building Class | B |
| Lot Size | 0.57 AC |
| Building Size | 4,864 SF |
| No. Stories | 2 |
| Year Built | 1926 |
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 1440705 | Improvements Assessment | $287,900 (2024) |
| Land Assessment | $233,900 (2024) | Total Assessment | $521,800 (2024) |
PROPERTY TAXES
Parcel Number
1440705
Land Assessment
$233,900 (2024)
Improvements Assessment
$287,900 (2024)
Total Assessment
$521,800 (2024)
zoning
| Zoning Code | CN(c) |
| CN(c) |
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1736 Grandin Rd SW - Gateway to Grandin Village
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