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For Sale

2616 Forest Hill Ave NW
Roanoke, VA 24012

21 units | Multi Family Home
19602 sq ft lot - MLS# 330614
Property Photo

Description

Located in the heart of Roanoke this asset provides an investor with a property that rents it's self. 21 one-bedroom units in one free standing multi level building. Within minutes of downtown, shopping and all amenities. This asset had a cap rate of 7.2% for 2016 and is an excellent investment. Positive cash flow. Brick exterior will require little maintenance. Zoning is RM-2.

Features

  • Acres: 0.4500
  • Basement: Slab
  • County/Area: Roanoke County
  • Exterior Finish: Brick
  • Flooring: Carpet, Vinyl
  • High School: William Fleming
  • Listing Status: Active
  • Lot Size Source: Assessor
  • Miscellaneous: 1 Bedroom Units
  • Owner Expense: Insurance, Lawn Care, Real Estate Taxes
  • Parking: Off Street Parking
  • Property Type: Multi Family Home
  • Roofing: Shingle
  • School District: Roanoke
  • Sewer: Public System
  • Source-Year Built: Public Record
  • Sq.Ft.: 11685
  • Sub Type: Apartment Building
  • Tax Year: 2017
  • Taxes: 5733.00
  • Tenant Expense: Electric, Heating
  • Ttl # Unfurnish Unit: 21.00
  • Units: 21
  • Water: Public Water
  • Water Heater: Electric
  • Year Built: 1972
  • Zip Code: 24012
  • Zoning: Multi-Family

Courtesy of:

  • More info
  • Nancy Page
    Phone: (540) 382-0505 Ext 15
    Fax: (540) 260-9587
    Email: pageassoc@aol.com
    Cell:  (540) 392-9505

     


  • More info

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Thank you for visiting today. If this is your first visit, take your time and look around. We have plenty of information and resources available to you. If you are a return visitor, thank you. We would love to hear from you. We can serve all your real estate needs.