1202 MELROSE AVE NW, Roanoke, VA 24017 (MLS# 909752)

$178,450

1202 MELROSE AVE NW
Roanoke, VA 24017
MLS# 909752

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Property Description
GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - STORAGE IN ATTIC AND BASEMENT - NEWLY PAINTED METAL ROOF - NEW WATER HEATER FOR UPSTAIRS UNIT - FRESH PAINT INSIDE AND OUTSIDE - FRONT AND BACK PORCHES - NEW LUXURY VINYL TILE - NEAR BUS LINE - BLOWN IN INSULATION IN UPSTAIRS AND DOWNSTAIRS WALLS AS WELL AS IN ATTIC - NEW CABINETS IN UNIT TWO - LAUNDRY HOOKUPS IN BOTH UNITS - LEVEL BACK LAWN - NEWLY REFINISHED CLAWFOOT TUB - HARDWOOD FLOORING - ON THE BUS LINE - VIEW ROANOKE STAR FROM YOUR BALCONY!

Details

Contract Information

Current Price: $178,450

List Price: $178,450

List Date: 2024-08-03

Status: Active

General Property Description

Multi-Family Type: Apartments

Construction Status: Completed

Year Built: 1925

Present Use: Converted

Number of Units: 2

# Unfurnished: 2

Gross Bldg SQFT: 1728

Lot Dimensions: 50 x 150

Total Acreage: 0.17

Basement Y/N: Yes

Basement: Partial Basement

Parking Description: Street

Operating Expense: 4366.14

Net Operating Income: 19649

Gross Income: 23880

Water Class: N/A

Location Legal Taxes

Area: 0140 - City of Roanoke - NW

Street Number: 1202

Street Name: MELROSE

Street Suffix: AVE

Street Direction Sfx: NW

State/Province: VA

Zip Code: 24017

Subdivision: N/A

Municipality: City of Roanoke

Elementary School: Roanoke Academy of Math and Science

Middle School: Lucy Addison

High School: Patrick Henry

Internet Access

Cur'nt Internet Prov: COX

Miscellaneous Info

Public Transport: Yes

Expenses

Maintenance Exp: 1500

Tax Exp: 666

Insurance Exp: 400

Other Exp: 706

Property Features

Limited Service: Not Limited Service

Construction: Vinyl

Heating: Baseboard Electric; Forced Air Gas

Cooling: No Cooling System

Water Description: Public Water

Sewer Description: Public Sewer

Water Heater Type: Tank

Water Heater Energy: Natural Gas

Amenities Common: Cable TV

Owner Expenses: Lawn Care; Water

Interior Features: Storage

Internet Access: Cable

Tenant Expenses: Cable TV; Electricity; Gas

Listing Office: MOUNTAIN VIEW REAL ESTATE LLC

Last Updated: January - 15 - 2025

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