501 ARBUTUS AVE SE, Roanoke, VA 24014 (MLS# 793542)

$145,950

501 ARBUTUS AVE SE
Roanoke, VA 24014
MLS# 793542

1 / 30

Property Description
Immediate Cash Flow! Fully rented brick 2 story duplex located conviently to hospital, Greenways and Downtown Roanoke.Large 3Br, 1Ba & 1Br,1Ba units. Perfect opportunity for owner occupant or investor. Full of character, hard wood floors,Gas log fireplace,corner lot, storage shed, replacement windows,large front porch and back deck with amazing views of Roanoke Star.

Details

Maps

Contract Information

Current Price: $138,000

Sold Price: $138,000

List Date: 2013-06-03

Status: Closed

General Property Description

Multi-Family Type: Duplex

Construction Status: Completed

Year Built: 1930

Present Use: Converted

Number of Units: 2

# Unfurnished: 2

# Leased Units: 1

Gross Bldg SQFT: 2348

Lot Dimensions: 60x140

Total Acreage: 0.19

Basement Y/N: Yes

Basement: Walkout - Full

Parking Description: Private (1 - 9)

# Vehicle Spaces: 2

Operating Expense: 3350

Net Operating Income: 14650

Gross Income: 18000

Water Class: N/A

Location, Legal & Taxes

Major Area: 01 - City of Roanoke

Area: 0120 - City of Roanoke - South

Street Number: 501

Street Name: ARBUTUS

Street Suffix: AVE

Street Direction Sfx: SE

State/Province: VA

Zip Code: 24014

Subdivision: Riverland

Lot: 8

Block: 7

Municipality: City of Roanoke

Tax ID: 4031001

Annual Taxes: 1250

POA Y/N: No

Elementary School: Crystal Spring

Middle School: James Madison

High School: Patrick Henry

Remarks & Misc

Directions: From Downtown RKE on Jefferson.Turn right on Walnut cross bridge, Left on Piedmont, Right on Arbutus home on Right.

Status Change Info

Ratified Contract Dt: 2013-09-13

Sold Date: 2013-10-25

Sold Price: $138,000

Expenses

Tax Exp: 1250

Gas Exp: 1319

Water Exp: 631

Property Features

Limited Service: Not Limited Service

Construction: Brick; Stucco

Heating: Radiator Gas Heat

Cooling: Window A/C

Water Description: Public Water

Sewer Description: Public Sewer

Water Heater Type: Tank

Water Heater Energy: Natural Gas

Lease Type: One Year; Six Months

Owner Expenses: Gas; Water

Misc Features: Laundry Facility

Tenant Expenses: Cable TV; Electricity

Listing Office: PARK PLACE REALTY INC

Last Updated: November - 03 - 2015

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.