1313 Memphis ST SE, 1311,1317,1319, Roanoke, VA 24013 • Sara Fisher Realtor

$345,000

1313 Memphis ST SE, 1311,1317,1319
Roanoke, VA 24013
MLS# 870801

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Property 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

Details

Maps

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

Major Area: 01 - City of Roanoke

Area: 0160 - City of Roanoke - SE

Street Number: 1313

Street Name: Memphis

Street Suffix: ST

Street Direction Sfx: SE

Unit #: 1311,1317,1319

State/Province: VA

Zip Code: 24013

Subdivision: Circle Terrace

Lot: 16A & 17A

Block: 1

Municipality: City of Roanoke

Tax ID: 4141304 and 4141305

Annual Taxes: 3576

POA Y/N: No

Elementary School: Morningside

Middle School: John P. Fishwick

High School: Patrick Henry

Remarks & Misc

SA Comp: 2

Directions: Elm Ave. to Bullitt Ave. Right on 9th St. to Right on Buena Vista to Right on Memphis St. Duplex at the end of the cul de sac.

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: April - 01 - 2021

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