111 Highland AVE SW, Roanoke, VA 24016 (MLS# 906257)

$775,000

111 Highland AVE SW
Roanoke, VA 24016
MLS# 906257

1 / 6

Property Description
Historic apartment building located close to Downtown Roanoke and Carilion Roanoke Memorial Hospital in the Old Southwest neighborhood. Units enjoy mountainous views, in-unit washer/dryers, and central heat pump systems. All units separately metered for electricity. Owner responsible for water. Trash collection provided by Roanoke City and included in property taxes. This property is located in a designated qualified opportunity zone. See https://www.dhcd.virginia.gov/opportunity-zones-oz for more information regarding opportunity zones.

Details

Maps

Contract Information

Current Price: $775,000

List Price: $775,000

List Date: 2024-04-01

Status: Active

General Property Description

Multi-Family Type: Apartments

Construction Status: Completed

Year Built: 1900

Present Use: Built-As

Number of Units: 7

# Unfurnished: 7

# Leased Units: 7

Gross Bldg SQFT: 6171

Lot Dimensions: 56x85

Total Acreage: 0.1

Basement Y/N: Yes

Basement: Walkout - Full

Parking Description: Off Site

Gross Income: 72300

Water Class: N/A

Location, Legal & Taxes

Major Area: 01 - City of Roanoke

Area: 0130 - City of Roanoke - SW

Street Number: 111

Street Name: Highland

Street Suffix: AVE

Street Direction Sfx: SW

State/Province: VA

Zip Code: 24016

Subdivision: N/A

Lot: E PT Lot 6&7

Block: 3 O S

Section: SW3

Municipality: City of Roanoke

Tax ID: 1021708

Annual Taxes: 5264.04

Zoning Code: MX

POA Y/N: No

Elementary School: Highland Park

Middle School: James Madison

High School: William Fleming

Remarks & Misc

Directions: From I-581, go west on Elm Ave, turn left on S Jefferson St, turn right on Highland Ave.

Property Features

Limited Service: Not Limited Service

Construction: Vinyl

Heating: Heat Pump Electric

Cooling: Heat Pump Electric

Water Description: Public Water

Sewer Description: Public Sewer

Water Heater Type: Tank

Water Heater Energy: Electric

Lease Type: One Year

Owner Expenses: Trash Disposal; Water

Views: Mountain

Tenant Expenses: Electricity

Listing Office: KELLER WILLIAMS REALTY ROANOKE

Last Updated: May - 17 - 2024

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