1618 Salem AVE SW, Roanoke, VA 24016 (MLS# 800449)

$50,000

1618 Salem AVE SW
Roanoke, VA 24016
MLS# 800449

1 / 1

Property Description
All numbers are estimated - projected rents. Estimated expenses from 2012. Taxes are estimated from 2013. Make contract ''subject to court approval'' Should be no problem. Property is fully rented so 48 hr notice is needed.

Details

Maps

Contract Information

Current Price: $48,000

Sold Price: $48,000

List Date: 2014-02-04

Status: Closed

General Property Description

Multi-Family Type: Duplex

Construction Status: Completed

Year Built: 1900

Present Use: Converted

Number of Units: 2

# Unfurnished: 2

# Leased Units: 2

Gross Bldg SQFT: 2090

Lot Dimensions: 48 x 150

Total Acreage: 0.16

Basement Y/N: No

Basement: Crawl Space

Parking Description: Street

Operating Expense: 2728

Net Operating Income: 9272

Gross Income: 12000

Water Class: N/A

Location, Legal & Taxes

Major Area: 01 - City of Roanoke

Area: 0130 - City of Roanoke - SW

Street Number: 1618

Street Name: Salem

Street Suffix: AVE

Street Direction Sfx: SW

State/Province: VA

Zip Code: 24016

Subdivision: N/A

Subdivision Map: West End Land

Lot: pt 5-6

Block: 4

Municipality: City of Roanoke

Tax ID: 1211704

Annual Taxes: 399

POA Y/N: No

Elementary School: Hurt Park

Middle School: Woodrow Wilson

High School: Patrick Henry

Remarks & Misc

Directions: From Electric Rd. Apperson/Brandon to Edgewood/Memorial/12th to left on Salem.

Status Change Info

Ratified Contract Dt: 2014-02-17

Sold Date: 2014-03-31

Sold Price: $48,000

Miscellaneous Info

Public Transport: Yes

Expenses

Management Exp: 1200

Tax Exp: 399

Insurance Exp: 600

Property Features

Limited Service: Not Limited Service

Construction: Vinyl

Heating: Forced Air Gas

Cooling: No Cooling System

Water Description: Public Water

Sewer Description: Public Sewer

Water Heater Type: Tank

Water Heater Energy: Natural Gas

Lease Type: One Year

Owner Expenses: Management Fee; Water

Misc Features: Maint-Free Exterior

Internet Access: Cable

Tenant Expenses: Deposit; Electricity; Gas

Listing Office: JMAX PROPERTY MANAGEMENT LLC

Last Updated: April - 21 - 2014

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