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1202 Melrose Ave NW
Roanoke, VA 24017
1202 Melrose AVE NW, Roanoke, VA 24017 · Multifamily Property For Sale
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2 Units
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 Per Unit | $88,350 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 1,728 SF |
| Cap Rate | 11.12% | Average Occupancy | 0% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1925 |
| Zoning | RM-1 | ||
| Price Per Unit | $88,350 |
| Sale Type | Investment |
| Cap Rate | 11.12% |
| 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 |
| Zoning | RM-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
Property Taxes
| Parcel Number | 2222808 | Improvements Assessment | $68,300 |
| Land Assessment | $15,100 | Total Assessment | $83,400 |
Property Taxes
Parcel Number
2222808
Land Assessment
$15,100
Improvements Assessment
$68,300
Total Assessment
$83,400
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