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$199,000
3102 Williamson RD, & 3106
Roanoke, VA 24012
MLS# 842354



3102 Williamson RD, & 3106, Roanoke, VA 24012
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Property Description
Located along a densely populated commercial arterial, these two brick buildings are situated on over a half acre of land on a corner lot. Property is currently established as five-unit multifamily rental with good rental and cash flow history. Zoning also allows for commercial use, including office or retail. Much of the original charm of these buildings, including original woodwork, casings, and six pocket doors remains intact. Rents are below market, creating upside both from top end revenue growth as well as expense reduction through separating HVAC systems

Details
Maps
Contract Information
Current Price: $180,000
Sold Price: $180,000
List Date: 2017-10-19
Status: Closed
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1930
Number of Units: 5
# Unfurnished: 5
# Leased Units: 4
Gross Bldg SQFT: 3895
Lot Dimensions: See Comments Below
Total Acreage: 0.46
Basement Y/N: Yes
Basement: Full Basement
Parking Description: Private (1 - 9)
Operating Expense: 12700
Net Operating Income: 21200
Gross Income: 33900
Water Class: N/A
Location, Legal & Taxes
Major Area: 01 - City of Roanoke
Area: 0150 - City of Roanoke - NE
Street Number: 3102
Street Name: Williamson
Street Suffix: RD
Unit #: & 3106
State/Province: VA
Zip Code: 24012
Subdivision: Liberty
Lot: PT 15 & 16+
Block: 1
Municipality: City of Roanoke
Tax ID: 2070140, 2070141,2070142
Annual Taxes: 3054
Zoning Code: CG
POA Y/N: No
Elementary School: Preston Park
Middle School: James Breckinridge
High School: William Fleming
Remarks & Misc
Directions: From downtown, head North on Williamson Rd past Liberty Road. Property will be on left at intersection of Williamson & Lyndhurst Ave.
Status Change Info
Ratified Contract Dt: 2018-03-07
Sold Date: 2018-03-30
Sold Price: $180,000
Property Features
Limited Service: Not Limited Service
Construction: Brick
Heating: Radiator Gas Heat; Radiator Oil Heat
Cooling: Window A/C
Water Description: Public Water
Sewer Description: Public Sewer
Owner Expenses: Gas; Oil; Water
Tenant Expenses: Electricity

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: April - 04 - 2018


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