106 Lee AVE NE, Roanoke, VA 24012
$1,125,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
20,473
Status:
Closed
Current Price:
$1,125,000
List Date:
9/25/2025
Last Modified:
11/24/2025
Description
Great 10 unit complex. Many of the units have been recently renovated. Rent roll posted in documents. Recent inspections posted. New lease on units 5 and 8 at 1099 a month. Unit 10 will be rented at 1099 shortly. Units individually metered for electric and water. No gas.
More Information MLS# 921306
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Total Acreage: 0.47
# Furnished: 0
# Unfurnished: 10
# Leased Units: 9
Gross Bldg SQFT: 10240
Basement Y/N: No
Water Class: N/A
Parking Description: Private (1 - 9)
Gross Income: 106515
Year Built: 1981
Number of Units: 10
Operating Expense: 48700
Net Operating Income: 57815
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 3
Block: 4
Tax ID: 3160129
Annual Taxes: 10593.26
Section: 0
POA Y/N: No
Area: 0150 - City of Roanoke - NE
Street Number: 106
Street Name: Lee
Street Suffix: AVE
Street Direction Sfx: NE
State/Province: VA
Zip Code: 24012
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Preston Park
Middle School: James Breckinridge
High School: William Fleming
Remarks & Misc
Directions: Headed north on Williamson Rd., right on to Wildhurst Ave. then left onto Lee Ave. Property will be on your left.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Basement
Slab: 1
Heating
Forced Air Gas: 1
Cooling
Central Air: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Lease Type
One Year: 1
Month To Month: 1
Owner Expenses
Electricity: 1
Lawn Care: 1
Management Fee: 1
Tenant Expenses
All Utilities: 1
Slr Pd Fin Concessns
No: 1
Contract Information
Current Price: $1,125,000
Sold Price: $1,125,000
List Date: 2025-09-23
Status: Closed
Status Change Info
Ratified Contract Dt: 2025-10-10
Sold Date: 2025-11-24
Sold Price: $1,125,000
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Slab
Heating: Forced Air Gas
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Lease Type: One Year; Month To Month
Owner Expenses: Electricity; Lawn Care; Management Fee
Tenant Expenses: All Utilities
Slr Pd Fin Concessns: No
Listing Office:
THE GRANDIN AGENCY
Last Updated: November - 24 - 2025
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. 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 website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.