1027 Ferdinand AVE SW, Roanoke, VA 24016
$208,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
9,583
Status:
Active
Current Price:
$208,000
List Date:
3/04/2025
Last Modified:
9/29/2025
Description
Great Investment opportunity with tons of potential. Triplex located in Se Roanoke featuring 3 units, 2 one bedrooms and 1 efficiency all with one bath. Convenient located close to downtown Roanoke. Recent updates include new roof. All units are currently rented, one bedrooms are rented at $750 each and $550 for the efficiency and could possibly rent for more. If you're looking to start investing or wanting to add an income producing unit to your growing portfolio. Look no further. Schedule a tour today.
More Information MLS# 914809
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Total Acreage: 0.22
# Furnished: 0
# Unfurnished: 3
# Leased Units: 3
Gross Bldg SQFT: 1769
Basement Y/N: Yes
Water Class: N/A
Parking Description: On Street
Gross Income: 25500
Year Built: 1900
Number of Units: 3
Operating Expense: 5384
Net Operating Income: 20116
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 10
Block: 0
Tax ID: 111-3013
Annual Taxes: 2384.18
Section: 0
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 1027
Street Name: Ferdinand
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: NA
Municipality: City of Roanoke
Elementary School: Highland Park
Middle School: James Madison
High School: Patrick Henry
Remarks & Misc
Directions: Take Elm Avenue SW from Downtown, bear right before the Main Street bridge to continue on Ferdinand. Property on the right.
Limited Service
Not Limited Service: 1
Construction
Wood: 1
Basement
Partial: 1
Views
City: 1
Mountain(s): 1
Heating
Forced Air Gas: 1
Cooling
Window Unit(s): 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Lease Type
One Year: 1
Owner Expenses
Water: 1
Tenant Expenses
Electricity: 1
Contract Information
Current Price: $208,000
List Price: $208,000
List Date: 2025-03-04
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Wood
Basement: Partial
Heating: Forced Air Gas
Cooling: Window Unit(s)
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year
Owner Expenses: Water
Views: Mountain(s)
Tenant Expenses: Electricity
Listing Office:
PALMER REALTY GROUP LLC
Last Updated: September - 29 - 2025
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