1825 Cambridge AVE SW, Roanoke, VA 24015 (MLS# 868815)

$249,950

1825 Cambridge AVE SW
Roanoke, VA 24015
MLS# 868815

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Picture prior to current tenant(Lower unit)

Property Description
This beautiful home (presently a duplex) was built CIRCA 1910. Lots of original features including original decorative tile surround fireplace, Slate roof, hidden gutters, pocket doors, natural wood trim & original wood floors to name a few. Walking distance to Grandin Village, Roanoke Greenway, Virginia Heights Elementary, Grandin Theater, CO Zoned RM-2, this duplex is great for an owner occupied (you could have part of your mortgage paid by downstairs tenant) or great for an investor (maybe able to use as an AIRBNB) Entry level apartment has two bedrooms, Living Rm, EIK, laundry room with W/D & separate basement storage (875/mth) Tenant pays electric. Upstairs unit is vacant and has 3 bedrooms, Living Room, EIK, Laundry Rm with W/D and walk up attic for storage and could be

Details

Maps

Contract Information

Current Price: $244,950

Sold Price: $244,950

List Date: 2020-04-22

Status: Closed

General Property Description

Multi-Family Type: Duplex

Construction Status: Completed

Year Built: 1910

Present Use: Built-As

Number of Units: 2

# Leased Units: 1

Gross Bldg SQFT: 2466

Lot Dimensions: 75 x 175

Total Acreage: 0.3

Basement Y/N: Yes

Basement: Full Basement

Parking Description: Private (1 - 9)

# Vehicle Spaces: 4

Operating Expense: 5937

Net Operating Income: 14643

Gross Income: 20580

Water Class: N/A

Location, Legal & Taxes

Major Area: 01 - City of Roanoke

Area: 0130 - City of Roanoke - SW

Street Number: 1825

Street Name: Cambridge

Street Suffix: AVE

Street Direction Sfx: SW

State/Province: VA

Zip Code: 24015

Subdivision: Virginia Heights

Subdivision Map: Virginia Heights

Lot: 18 & E25 Ft Lot 19

Block: 7

Section: 1

Municipality: City of Roanoke

Tax ID: 1330218

Annual Taxes: 2235.46

Zoning Code: RM-2

POA Y/N: No

Elementary School: Virginia Heights

Middle School: Woodrow Wilson

High School: Patrick Henry

Remarks & Misc

Directions: Grandin Rd to right on Memorial, Left on Cambridge, Home on right.

Status Change Info

Ratified Contract Dt: 2020-05-16

Sold Date: 2020-07-17

Sold Price: $244,950

Miscellaneous Info

Public Transport: Yes

Expenses

Management Exp: 1646

Maintenance Exp: 2058

Tax Exp: 2236

Insurance Exp: 815

Gas Exp: 465

Water Exp: 645

Property Features

Limited Service: Not Limited Service

Construction: Aluminum; Wood

Heating: Forced Air Electric

Cooling: Heat Pump Electric

Water Description: Public Water

Sewer Description: Public Sewer

Owner Expenses: Management Fee; Water

Interior Features: Ceiling Fan

Misc Features: Historical Theme; Walk to School

Internet Access: Cable

Tenant Expenses: Electricity

Supplements

additional finished space. (845/mth) Tenant pays electric. ( Could be converted to single family house) Each unit has 200 amp service and separate heat pumps. Owner pays water/sewer and hot water. Fenced yard, off street parking, alley access.

Listing Office: MKB, REALTORS®

Last Updated: July - 28 - 2020

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