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$1,795,000
Est. payment /mo
12,192 SqFt
Active
4622 Grandin RD Roanoke, VA 24018
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Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 12,192 sqft
Price per Sqft $147
MLS Listing ID 922369
Construction Status Completed
Year Built 1977
Annual Tax Amount $11,899
Lot Size 1.030 Acres
Acres 1.03
Property Sub-Type Apartments
Property Description
Nestled in Roanoke's desirable Southwest corridor, this 12-unit apartment building offers investors an attractive blend of stability and upside potential. The property has been well maintained and features all-brick Colonial architecture, manicured grounds and spacious two-bedroom apartments. Current rents are below market, creating immediate potential for income growth. Residents enjoy a peaceful, park-like setting in the Oak Grove area just minutes from Lewis Gale Medical Center, Tanglewood Mall, and Electric Rd. (U.S. 419) commercial corridor, making it a consistently sought-after rental location.
Location
State VA
County City Of Roanoke
Area 0130 - City Of Roanoke - Sw
Zoning RM-2
Interior
Heating Forced Air Electric
Cooling Central Air
Exterior
Parking Features Private (10 or More)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status Completed
Schools
Elementary Schools Grandin Court
Middle Schools Woodrow Wilson
High Schools Patrick Henry
Others
Tax ID 5090123
Listed by VRC PROPERTIES LLC
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