527 5th ST SE, Roanoke, VA 24013 (MLS# 811944)

$69,950

527 5th ST SE
Roanoke, VA 24013
MLS# 811944

1 / 8

Property Description
Fully rented duplex with longterm tenants & lots of recent upgrades. New roof '07. Back staircase completely rebuilt. Lower kitchen completely remodeled. New counters, drywall, & flooring. Lower bathroom rebuilt from floor joists up with new tub, vanity, & toilet. Owners pay water/sewer only. Forced air central heat & separate hot water heaters. Serious profit potential for turn-key property

Details

Maps

Contract Information

Current Price: $52,000

Sold Price: $52,000

List Date: 2015-02-17

Status: Closed

General Property Description

Multi-Family Type: Duplex

Construction Status: Completed

Year Built: 1905

Number of Units: 2

# Leased Units: 2

Gross Bldg SQFT: 2152

Lot Dimensions: 167x37

Total Acreage: 0.14

Basement Y/N: No

Basement: Crawl Space

Parking Description: Private (1 - 9)

# Vehicle Spaces: 4

Operating Expense: 3274

Net Operating Income: 8126

Gross Income: 11400

Water Class: N/A

Location, Legal & Taxes

Major Area: 01 - City of Roanoke

Area: 0160 - City of Roanoke - SE

Street Number: 527

Street Name: 5th

Street Suffix: ST

Street Direction Sfx: SE

State/Province: VA

Zip Code: 24013

Subdivision: Belmont

Lot: 1

Block: 15

Section: P L

Municipality: City of Roanoke

Tax ID: 4012621

Annual Taxes: 734

Zoning Code: RM-1

POA Y/N: No

Elementary School: Fallon Park

High School: Patrick Henry

Remarks & Misc

Directions: Take Elm Ave E. Take 1st left after bridge onto 4th St SE. Turn right onto Bullitt Ave. Turn left onto 5th St SE. House on left

Status Change Info

Ratified Contract Dt: 2016-03-10

Sold Date: 2016-06-09

Sold Price: $52,000

Expenses

Maintenance Exp: 1140

Tax Exp: 734

Insurance Exp: 600

Water Exp: 800

Property Features

Limited Service: Not Limited Service

Construction: Vinyl; Wood

Heating: Forced Air Gas

Cooling: Window A/C

Water Description: Public Water

Sewer Description: Public Sewer

Water Heater Type: Tank

Water Heater Energy: Electric

Lease Type: Month-to-Month

Owner Expenses: Water

Tenant Expenses: Electricity; Gas

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: August - 17 - 2018

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