Map
Listed price in listed location currency (USD).
$469,000

000

MLS® 929212

Overview

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
Maintenance Fees 
Taxes $4,800
Days Active 16
Approx. Age 1913
MLS® Number 929212

Property Address: 433 Albemarle Ave Sw, Roanoke, VA, 24016

Average square foot calculated using Size range provided by listing agent.

Description

Stabilized 6-unit multifamily with a 7.00% cap rate on current income and projected 8.00% at market rents. Current NOI of $33, 421 grows to $37, 522 with modest rent adjustments on a tenant-occupied, income-producing asset in Roanoke's established Old Southwest neighborhood. Mix of 1BR and 2BR units including garage apartments with strong tenant retention. Stabilized and tenant-occupied. Income producing from day one.
MLS® Number929212
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1913
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air Electric
A/CCentral Air

Extras

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