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515 Albemarle Ave SE
Roanoke, VA 24013
Multifamily Property For Sale
·
2 Units
Investment Highlights
- Long term tenants
- Great Investment!
- Separately metered
Executive Summary
COME CHECK OUT THIS CHARMING DUPLEX! THIS PROPERTY FEATURES 2 UNITS, EACH WITH 3 BEDROOMS AND 1 FULL BATH. THE CONVENIENCE OF LAUNDRY IN EACH UNIT MAKES DOING CHORES A BREEZE. EACH UNIT HAS WASHER AND DRYER HOOKUPS, BUT TENANT MUST PROVIDE OWN WASHER AND DRYER. THE LEVEL LOT PROVIDES AMPLE OUTDOOR SPACE FOR RELAXING OR ENTERTAINING, WHILE OFF-STREET PARKING ENSURES CONVENIENCE FOR RESIDENTS AND GUESTS ALIKE. WITH REPLACED INSULATED WINDOWS, INSULATION, A NEW ROOF, AND BOTH LVP AND HARDWOOD FLOORING THROUGHOUT, THIS HOME IS NOT ONLY STYLISH BUT ALSO ENERGY-EFFICIENT. NEW HANDICAP ACCESSIBLE SHOWER INSTALLED ON ENTRY LEVEL UNIT - DON'T MISS OUT ON THIS RARE OPPORTUNITY TO OWN A VERSATILE PROPERTY. SCHEDULE YOUR SHOWING TODAY!
Property Facts
| Price Per Unit | $89,975 | Apartment Style | Single-Family Home |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 12.74% | Lot Size | 0.14 AC |
| Sale Condition | 1031 Exchange | Building Size | 1,776 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1925 |
| Zoning | RM-1 - 300-Multifamily | ||
| Price Per Unit | $89,975 |
| Sale Type | Investment |
| Cap Rate | 12.74% |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 1,776 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | RM-1 - 300-Multifamily |
Amenities
Unit Amenities
- Cable Ready
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Basement
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 3+1 | 1 | - | - |
Property Taxes
| Parcel Number | 4022404 | Improvements Assessment | $85,400 |
| Land Assessment | $21,000 | Total Assessment | $106,400 |
Property Taxes
Parcel Number
4022404
Land Assessment
$21,000
Improvements Assessment
$85,400
Total Assessment
$106,400
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