433 Janette Ave SW

    Roanoke, VA 24016
    • $435,000
    • STATUS: Active
    • ON SITE: 128 days
    • MLS #: 861037
    UPDATED: 226 min ago
    $435,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,324
      SQFT
    • $82
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    8-unit building in one of the most established sections of Old SW with convenient access to the Franklin Road bridge, downtown, the hospital, and the newly emerging medical district. Roof replaced within past 10 years. Mostly vinyl windows. All apartments feature upgraded panel boxes, electric hot water heaters, & ductless mini-split central cooling units. With three units currently vacant, the property is poised for revitalization with tons of upside available, offering a true-value add investment opportunity.

    Monthly Payment Calculator

    Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data accuracy is subject to market changes. Data last updated: 2019-11-15T00:08:22.8.

    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 web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
    www.fivedoorsroanoke.com/homes/96690584

    433 Janette Ave SW Roanoke, VA 24016

    • Price: $435,000
    • Status: Active
    • Updated: 226 min ago
    • MLS #: 861037
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,324
    SQFT
    $82
    $/SQFT
    1958
    Built
    Neighborhood:
    Old Southwest
    County:
    City Of Roanoke
    Area:
    0130 - City Of Roanoke - Sw
    Elementary School:
    Highland Park
    Middle School:
    James Madison
    High School:
    Patrick Henry
    Property Description
    8-unit building in one of the most established sections of Old SW with convenient access to the Franklin Road bridge, downtown, the hospital, and the newly emerging medical district. Roof replaced within past 10 years. Mostly vinyl windows. All apartments feature upgraded panel boxes, electric hot water heaters, & ductless mini-split central cooling units. With three units currently vacant, the property is poised for revitalization with tons of upside available, offering a true-value add investment opportunity.
    Exterior Features

    Construction Cement Block Lot Dimensions 50X142 Parking Description Street Water Class N/A

    Interior Features

    Basement Slab Basement YN No Cooling DuctlessOther - See Remarks Heating Ductless Units Furnished 0.00 Units Unfurnished 0.00

    Property Features

    Annual Taxes 4879.00 Construction Status Completed Gross Income 52800.00 Leased Units 5.00 Net Operating Income 30330.00 Owner Expenses Other - See RemarksSewerWater Poa Condo Assoc YN No Sewer Public Sewer Tenant Expenses Air ConditioningElectricityHeating Total Annual Expenses 20730.00 Water Public Water Zoning Code Rm-2

    Listing provided courtesy of Waldvogel Commercial Properties. All information is deemed reliable but not guaranteed, and should be independently verified.
    Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data accuracy is subject to market changes. Data last updated: 2019-11-15T00:08:22.8.

    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 web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
     
    Five Doors Real Estate | KW Roanoke
    2840 Electric Rd., Suite 104
    Roanoke VA, 24018