618 Day AVE SW, Roanoke, VA 24016
$610,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
6,534
Status:
Closed
Current Price:
$610,000
List Date:
3/06/2019
Last Modified:
12/27/2024
Description
Charming 1928 brick building with ten apartments including studios, 1- and 2-bedrooms. It has been completely renovated and features updated kitchens and baths with modern appliances and fixtures. Professionally managed and walking distance to the Jefferson Center, Kirk YMCA, and the Roanoke greenway. Located just minutes from the Jefferson College of Health Sciences, VA Tech Carilion School of Medicine & Research Institute, and Downtown Roanoke.
More Information MLS# 856657
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Total Acreage: 0.15
Present Use: Built-As
# Furnished: 0
# Unfurnished: 10
# Leased Units: 9
Gross Bldg SQFT: 7500
Basement Y/N: Yes
Water Class: N/A
Parking Description: On Street
Gross Income: 70920
Year Built: 1928
Number of Units: 10
Operating Expense: 25721
Net Operating Income: 42433
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 10
Block: 3
Tax ID: 1120511
Annual Taxes: 4194
Section: LEWIS RESERVE
Zoning Code: RM-1
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 618
Street Name: Day
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: Old Southwest
Municipality: City of Roanoke
Elementary School: Wasena
Middle School: James Madison
High School: Patrick Henry
Remarks & Misc
Directions: I 581 to right on Elm Ave. Right on 5th St. Left on Day Ave. Property on left.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Basement
Partial: 1
Walk-Out Access: 1
Heating
Heat Pump Electric: 1
Zoned: 1
Miscellaneous Info
Public Transport: Yes
Upgrades: Baths, Kitchens, Etc
Paid Utilities: Water/Sewer
Cooling
Central Air: 1
Zoned: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Natural Gas: 1
Lease Type
One Year: 1
Owner Expenses
Lawn Care: 1
Management Fee: 1
Water: 1
Tenant Expenses
Air Conditioning: 1
Electricity: 1
Heating: 1
Expenses
Maintenance Exp: 6737
Insurance Exp: 2508
Gas Exp: 1107
Water Exp: 3307
Other Exp: 1200
Contract Information
Current Price: $610,000
Sold Price: $610,000
List Date: 2019-03-04
Status: Closed
Status Change Info
Ratified Contract Dt: 2019-04-15
Sold Date: 2019-06-14
Sold Price: $610,000
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Partial; Walk-Out Access
Heating: Heat Pump Electric; Zoned
Cooling: Central Air; Zoned
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Natural Gas
Lease Type: One Year
Owner Expenses: Lawn Care; Management Fee; Water
Tenant Expenses: Air Conditioning; Electricity; Heating
Listing Office: WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 27 - 2024
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