114 Highland AVE SW, Roanoke, VA 24016 (MLS# 870299)

$250,000

114 Highland AVE SW
Roanoke, VA 24016
MLS# 870299

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Property Description
Old South West quad conveniently located less than one mile from the VT/Carilion Riverside campus. Property features include a low maintenance exterior, hardwood floor, high ceilings, and large front and back porches. All units are currently occupied. Owner pays water and gas. expenses do not reflect insurance and management fee.

Details

Maps

Contract Information

Current Price: $260,000

Sold Price: $260,000

List Date: 2020-06-11

Status: Closed

General Property Description

Multi-Family Type: Quad

Construction Status: Completed

Year Built: 1920

Present Use: Built-As

Number of Units: 4

# Unfurnished: 4

# Leased Units: 4

Gross Bldg SQFT: 3608

Lot Dimensions: 68x50

Total Acreage: 0.08

Basement Y/N: Yes

Basement: Walkout - Partial

Parking Description: Street

Operating Expense: 6229.79

Net Operating Income: 25270

Gross Income: 31500

Water Class: N/A

Location, Legal & Taxes

Major Area: 01 - City of Roanoke

Area: 0130 - City of Roanoke - SW

Street Number: 114

Street Name: Highland

Street Suffix: AVE

Street Direction Sfx: SW

State/Province: VA

Zip Code: 24016

Subdivision: N/A

Lot: 1

Block: 7

Section: S W 3 O

Municipality: City of Roanoke

Tax ID: 1022315

Annual Taxes: 2658.38

Zoning Code: MX

POA Y/N: No

Elementary School: Highland Park

Middle School: James Madison

High School: Patrick Henry

Remarks & Misc

Directions: from downtown head towards the hospital on Jefferson Ave. Right onto Highland Ave property on the left.

Status Change Info

Ratified Contract Dt: 2020-06-16

Sold Date: 2020-07-27

Sold Price: $260,000

Property Features

Limited Service: Not Limited Service

Construction: Vinyl

Heating: Radiator Gas Heat

Cooling: Window A/C

Water Description: Public Water

Sewer Description: Public Sewer

Owner Expenses: Gas; Water

Tenant Expenses: Electricity

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: July - 28 - 2020

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