Active

602 Allison AVE SW

Roanoke VA, 24016

$360,000


$150.00 per sqft

Active

2,400 sqft

Multi-family

Built in 1914

Investment opportunity! Don't miss this incredible opportunity to own a multi-unit property in the heart of Roanoke's historic Old Southwest neighborhood just minutes from downtown! Fully leased!Perfectly positioned at 602 Allison Ave SW, this investment property offers three separate units, each full of character and potential for strong rental income.Unit 1 - 1BR/1BAUnit 2 - 2BR/1.5BAUnit 3 - 1BR/1BA + LoftOn-site laundryInvestment Highlights:- Consistent Cash Flow: With all three units currently occupied, this property offers a reliable and consistent income stream, providing a strong return on investment from the moment of purchase.- High Tenant Demand: The location and quality of this property make it a sought-after rental option for professionals,

912537

MLSⓇ ID

November 19, 2024

Listed

November 22, 2024

Updated

Map

602 Allison AVE SW
Roanoke VA, 24016

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

No Cooling System


Heating

Yes


Heating Description

Other - See Remarks

Exterior/Building Features

Sewer

Public Sewer

School Information

High School

Patrick Henry


Elementary School

Highland Park

Other Property Details

Area Name

0130 - City of Roanoke - SW


Taxes

$3,761


Tax Frequency

Annually


Days on Market

2


Association Fee

$3


Garage

Yes


Garage Spaces

29002


Parking

Street


View

No


County

City of Roanoke


Water Source

Public Water


Pool

No

Listed by DAVID M SWEENEY with USREALTY.COM LLP - HOUSEPAD
Listing Contact:  

The IDX display contains information sourced from the Roanoke Valley Association of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Roanoke Valley Association of REALTORS® all rights reserved.

Data last updated on 11/22/2024 at 2:26 PM UTC

Powered byLuxury Presence