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1114 Lafayette Blvd NW - 1114 Lafayette BLVD NW, Roanoke, VA 24017 2 Unit Apartment Building Offered at $176,700 at a 10.94% Cap Rate Roanoke, VA 24017

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INVESTMENT HIGHLIGHTS

  • GREAT TURN KEY INVESTMENT APTS
  • CLOSE TO GROCERY STORE, PHARMACY, RESTAURANTS, AND VALLEY VIEW MALL
  • UPGRADED ELECTRICAL WIRING - COVERED FRONT PORCH

EXECUTIVE SUMMARY

GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - COVERED FRONT PORCH - OFF STREET PARKING FOR FOUR VEHICLES - ON THE BUS LINE - FRESHLY PAINTED INSIDE AND OUTSIDE - STORAGE IN BASEMENT - CLOSE TO GROCERY STORE, PHARMACY, RESTAURANTS, AND VALLEY VIEW MALL - BLOWN IN INSULATION IN UPSTAIRS WALLS AND ATTIC - VINYL TILE AND NEW LUXURY VINYL PLANK, COME HOUSE HACK THIS PROPERTY!

PROPERTY FACTS

Price $176,700
Price Per Unit $88,350
Sale Type Investment
Cap Rate 10.94%
No. Units 2
Property Type Multifamily
Lot Size 0.15 AC
Building Size 1,864 SF
No. Stories 2
Year Built 1930
Zoning RM-1

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2430709
Land Assessment
$23,600
Improvements Assessment
$83,600
Total Assessment
$107,200
  • Listing ID: 29546308

  • Date on Market: 9/18/2023

  • Last Updated:

  • Address: 1114 Lafayette Blvd NW, Roanoke, VA 24017

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