Search - Norm Sells Roanoke & Beyond - REALTORS®

$109,950
1141 Penmar AVE SE
Roanoke, VA 24013
MLS# 827068



1141 Penmar AVE SE, Roanoke, VA 24013
  1 / 73  
1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013 1141 Penmar AVE SE, Roanoke, VA 24013

Property Description
Good opportunity of owner-occupant. All units recently renovated and ready for lease. An amazing 14% Cap Rate! Washer-dryer connections in Unit 2. Has been a steady rental for 20 years. Refinished hardwoods on 1st floor. Off-street parking. Double home rear balconies. Walk to Jackson Park & Morningside Elem. Gas & water in main building paid by owner; Unit 3 tenant pays all utility costs. Expenses are estimated.

Details
Maps
Contract Information
Current Price: $89,000
Sold Price: $89,000
List Date: 2016-06-01
Status: Closed
General Property Description
Multi-Family Type: Triplex
Construction Status: Completed
Year Built: 1925
Present Use: Converted
Number of Units: 3
# Unfurnished: 3
Gross Bldg SQFT: 1492
Total Acreage: 0.11
Basement Y/N: Yes
Basement: Crawl Space
Parking Description: Street
Operating Expense: 4352
Net Operating Income: 15988
Gross Income: 20340
Water Class: N/A
Location, Legal & Taxes
Major Area: 01 - City of Roanoke
Area: 0160 - City of Roanoke - SE
Street Number: 1141
Street Name: Penmar
Street Suffix: AVE
Street Direction Sfx: SE
State/Province: VA
Zip Code: 24013
Subdivision: Morningside
Lot: 13
Block: 2
Municipality: City of Roanoke
Tax ID: 4140713
Annual Taxes: 852
POA Y/N: No
Elementary School: Morningside
High School: Patrick Henry
Remarks & Misc
Directions: East on Bullitt Ave SE to Left on 9th St to Right on Penmar
Status Change Info
Ratified Contract Dt: 2016-08-15
Sold Date: 2016-11-03
Sold Price: $89,000
Miscellaneous Info
Public Transport: Yes
Expenses
Tax Exp: 852
Insurance Exp: 700
Gas Exp: 1200
Water Exp: 600
Other Exp: 1000
Property Features
Limited Service: Not Limited Service
Construction: Other - See Remarks
Heating: Forced Air Gas
Cooling: No Cooling System
Water Description: Public Water
Sewer Description: Public Sewer
Owner Expenses: Lawn Care; Water
Misc Features: Walk to School
Tenant Expenses: Electricity; Gas; Water

Listing Office: PARK PLACE REALTY INC

Last Updated: August - 17 - 2018


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.