124 Kirk AVE SW, Roanoke, VA 24011 (MLS# 813069)

$849,000

124 Kirk AVE SW
Roanoke, VA 24011
MLS# 813069

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Property Description
Rich with history, this architectural gem once served as the headquarters & recording studio for WDBJ Radio where such stars as Hank Williams & Gene Autry performed. Renovated in the 1990s, 124 Kirk combines classic machine-age art deco design with modern amenities & floor plans. The property features 3 upscale residential units & one commercial unit. See the attached brochure for full information

Details

Maps

Contract Information

Current Price: $805,000

Sold Price: $805,000

List Date: 2015-03-26

Status: Closed

General Property Description

Multi-Family Type: Other - See Remarks

Construction Status: Completed

Year Built: 1930

Present Use: Converted

Number of Units: 4

# Unfurnished: 4

# Leased Units: 4

Gross Bldg SQFT: 9143

Lot Dimensions: 95 x 82

Total Acreage: 0.17

Basement Y/N: No

Basement: Slab

Parking Description: Private (1 - 9)

# Vehicle Spaces: 92

Operating Expense: 14657

Net Operating Income: 49867

Gross Income: 67920

Water Class: N/A

Location, Legal & Taxes

Major Area: 01 - City of Roanoke

Area: 0110 - City of Roanoke - Downtown

Street Number: 124

Street Name: Kirk

Street Suffix: AVE

Street Direction Sfx: SW

State/Province: VA

Zip Code: 24011

Subdivision: N/A

Lot: 8A

Block: 12

Section: OS

Municipality: City of Roanoke

Tax ID: 1011605

Annual Taxes: 8851

Zoning Code: D

POA Y/N: No

Elementary School: Highland Park

Middle School: James Madison

High School: William Fleming

Remarks & Misc

Directions: Parking lot for the property can be accessed from Kirk Avenue between First and Second Street.

Status Change Info

Ratified Contract Dt: 2015-07-24

Sold Date: 2015-11-17

Sold Price: $805,000

Expenses

Maintenance Exp: 3226

Tax Exp: 8851

Insurance Exp: 1500

Property Features

Limited Service: Not Limited Service

Construction: Brick

Heating: Forced Air Gas; Heat Pump Electric; Other - See Remarks

Cooling: Central Cooling; Heat Pump Electric

Water Description: Public Water

Sewer Description: Public Sewer

Water Heater Type: Tank

Water Heater Energy: Electric

Owner Expenses: Water

Misc Features: Historical Theme

Tenant Expenses: Air Conditioning; Electricity; Heating

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: November - 20 - 2015

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