1313 Memphis ST SE, 1311,1317,1319, Roanoke, VA 24013
$345,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
6,970
Status:
Closed
Current Price:
$345,000
List Date:
6/29/2020
Last Modified:
9/24/2024
Description
2 duplexes. Each unit is a 3 BR/1.5 BA with the upgrades listed below. All units have been fully rehabbed between 2017 and 2019. Both building exteriors are maintenance free. All units have washers and dryers and are wired for dishwashers. These buildings are top notch and virtually maintenance free.
3/4 units occupied, currently 1313 is vacant and being marketed for $795.00 per month. Electric and gas are separately metered for each unit. Owner pays water and sewer.
Upgrades on both buildings and in all units:
Soundproofing between floors,
New roofs,
New vinyl siding,
New vinyl double pane windows,
New decks (except for 1311),
New gas furnaces,
New central air,
New water heaters,
All new plumbing and electric,
New flooring in each unit,
HVAC serviced twice a y
More Information MLS# 870801
Contract Information
Current Price: $345,000
Sold Price: $345,000
List Date: 2020-06-29
Status: Closed
General Property Description
Multi-Family Type: Duplex
Construction Status: Completed
Year Built: 1985
Present Use: Built-As
Number of Units: 4
# Unfurnished: 4
# Leased Units: 3
Gross Bldg SQFT: 2156
Lot Dimensions: 68x118
Total Acreage: 0.16
Basement Y/N: No
Basement: Slab
Parking Description: Unpaved
# Vehicle Spaces: 8
Operating Expense: 8696
Net Operating Income: 24511
Gross Income: 33207
Water Class: N/A
Location Legal Taxes
Area: 0160 - City of Roanoke - SE
Street Number: 1313
Street Name: Memphis
Street Suffix: ST
Street Direction Sfx: SE
State/Province: VA
Zip Code: 24013
Subdivision: Circle Terrace
Municipality: City of Roanoke
Elementary School: Morningside
Middle School: John P. Fishwick
High School: Patrick Henry
Status Change Info
Ratified Contract Dt: 2020-07-03
Sold Date: 2020-09-01
Sold Price: $345,000
Miscellaneous Info
Upgrades: See Remarks
Expenses
Maintenance Exp: 1679
Tax Exp: 3576
Insurance Exp: 994
Water Exp: 1567
Property Features
Limited Service: Not Limited Service
Construction: Vinyl
Heating: Gas – Natural
Cooling: Central Cooling
Water Description: Public Water
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year
Owner Expenses: Lawn Care; Trash Disposal; Water
Interior Features: Breakfast Area
Misc Features: Maint-Free Exterior
Views: Mountain
Tenant Expenses: Electricity; Gas
Listing Office: LAWSON REALTY GROUP LLC
Last Updated: September - 24 - 2024
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