6139 Darby RD, Roanoke, VA 24012
$700,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
48,787
Status:
Closed
Current Price:
$700,000
List Date:
4/23/2018
Last Modified:
9/21/2024
Description
Rare Roanoke County multifamily property for sale. Situated on a quiet, residential street, this 12 unit brick building features a newer architectural shingle roof & all vinyl replacement windows. The property is located within the flood plain. 11x2BR/1 BA & 1x1BR/1 BA units + on site coin laundry. All units were equipped with new hw heaters & expansion tanks in 2015. Electric is metered separately. Central cooling with forced air electric heat. Water/Sewer paid by owner. Current rents average $595 per unit, presenting room for gradual increases while maintaining stable occupancy and predictable cash flows. With upside still available, this investment represents a turnkey opportunity to acquire an established multifamily property in a prime rental market location.
More Information MLS# 847475
General Property Description
Lot Dimensions: 0 x 0
Multi-Family Type: Apartments
Construction Status: Completed
Total Acreage: 1.12
# Furnished: 0
# Unfurnished: 12
# Leased Units: 12
Gross Bldg SQFT: 12150
Basement Y/N: No
Water Class: N/A
Parking Description: Private (10 or More)
# Vehicle Spaces: 12
Gross Income: 85680
Year Built: 1971
Number of Units: 12
Operating Expense: 32982
Net Operating Income: 48914
Location, Tax & Legal
Major Area: 02 - Roanoke County
Phase: 0
Lot: 1,2, &7
Block: 1
Tax ID: 038.06-06-11.00-0000
Annual Taxes: 7172
Section: 1
Zoning Code: R3
POA Y/N: No
POA/Condo Dues: 0
Area: 0210 - Roanoke County - North
Street Number: 6139
Street Name: Darby
Street Suffix: RD
State/Province: VA
Zip Code: 24012
Subdivision: Boxley Hills
Municipality: Roanoke County
Elementary School: Burlington
Middle School: Northside
High School: Northside
Remarks & Misc
Directions: Williamson Rd to Commander to right on Darby to 6139 on right.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Wood: 1
Basement
Slab: 1
Heating
Forced Air Electric: 1
Cooling
Central Air: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Owner Expenses
Management Fee: 1
Sewer: 1
Water: 1
Tenant Expenses
Air Conditioning: 1
Electricity: 1
Heating: 1
Expenses
Management Exp: 6552
Maintenance Exp: 8189
Tax Exp: 7172
Insurance Exp: 6588
Other Exp: 4481
Contract Information
Current Price: $700,000
Sold Price: $700,000
List Date: 2018-04-23
Status: Closed
Status Change Info
Ratified Contract Dt: 2018-07-03
Sold Date: 2018-10-15
Sold Price: $700,000
Property Features
Limited Service: Not Limited Service
Construction: Brick; Wood
Basement: Slab
Heating: Forced Air Electric
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Owner Expenses: Management Fee; Water
Tenant Expenses: Air Conditioning; Electricity; Heating
Listing Office:
WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: September - 21 - 2024
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