1712 Grandin Rd Sw, Roanoke, VA 24015
- $1,395,000
- List Price
- $1,395,000
- Price Change
- ▼ $104,000 1789090487
- Days on Market
- 65
- Status
- ACTIVE
- MLS#
- 929215
- Lot Size (Acres)
- 0.58
- Year Built
- 1930
Property Description
Well-located multifamily investment opportunity in Roanoke's desirable Raleigh Court/Grandin Village area. This classic brick,1930s property offers strong neighborhood appeal, convenient access to restaurants, shopping, parks, schools, public transportation, and major employment centers. Positioned along Grandin Road SW, the asset has proven durable rental demand. Ideal for investors seeking a long-term hold or value-add opportunity through continued professional management and potential unit improvements. Additional potential income from garage leases (8 units) and laundry income. See rent roll for details. Property is made up of 8 2BR's and 4 1BR's. On site parking in back.
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Additional Information
- Area
- 0130 - City of Roanoke - SW
- Subdivision
- Grandin Court
- Neighborhood
- 0130 - City of Roanoke - SW
- Taxes
- $11,500
- Heating
- Heat Pump
- Cooling
- Central Air
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Wasena
- Middle School
- James Madison
- High School
- Patrick Henry
- Remarks
- Well-located multifamily investment opportunity in Roanoke's desirable Raleigh Court/Grandin Village area. This classic brick,1930s property offers strong neighborhood appeal, convenient access to restaurants, shopping, parks, schools, public transportation, and major employment centers. Positioned along Grandin Road SW, the asset has proven durable rental demand. Ideal for investors seeking a long-term hold or value-add opportunity through continued professional management and potential unit improvements. Additional potential income from garage leases (8 units) and laundry income. See rent roll for details. Property is made up of 8 2BR's and 4 1BR's. On site parking in back.
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Listing courtesy of INVESTORS REAL ESTATE PARTNERS LLC.