Prime Historic Old Southwest 8 Unit Apartment 917 1st St SW 8 Unit Apartment Building $567,000 ($70,875/Unit) Roanoke, VA 24016
INVESTMENT HIGHLIGHTS
- Prime Historic Old Southwest Neighborhood
- Easy Walking Distance to Downtown Roanoke
EXECUTIVE SUMMARY
Landlord pays gas. Tenants pay electricity. Window air conditioning units.
PROPERTY FACTS
| Price | $567,000 |
| Price Per Unit | $70,875 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,869 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 2.58/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MX + H2 Overlay - MX zoning allows for both office and residential use. |
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Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 102-1709 | Improvements Assessment | $404,300 |
| Land Assessment | $60,400 | Total Assessment | $464,700 |
