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3621 Manassas Drive,

Roanoke, VA 24018

1 540 529 1541

sara@sarafisherrealtor.com

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$350,000
1313 Memphis ST SE, 1311,1317,1319
Roanoke, VA 24013
MLS# 870801
2156 sqft


1313 Memphis ST SE, 1311,1317,1319, Roanoke, VA 24013
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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: $350,000
List Price: $350,000
List Date: 2020-06-29
Status: Pending
General Property Description
Residential Type: Duplex
Construction Status: Completed
Year Built: 1985
Present Use: Built-As
Number of Units: 4
# Unfurnished: 4
# Leased Units: 3
Total Fnshd SqFt: 2156
Lot Dimensions: 68x118
Total Acreage: 0.16
Basement Y/N: No
Basement: Slab
Parking Description: Unpaved
# Vehicle Spaces: 8
Total Annual Expen: 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/Condo Assoc Y/N: No
Elementary School: Morningside
Middle School: John P. Fishwick
High School: Patrick Henry
Remarks & Misc
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
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: July - 03 - 2020

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Saturday 11th of July 2020 05:32 AM