602 Allison AVE SW
Roanoke, VA 24016
- – beds
- – baths
- 2,400 sqft
- 6,534 sqft lot
- $150 per sqft
- 1914 build
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,
Last checked:
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Last updated Nov 20, 2024
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MLS# 912537 —
The Building
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Year Built:1914
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Construction:Aluminum, Wood
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Basement:partial basement
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Unit Type:7 E B & I
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Unfinished SqFt:3
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2,400 SqftFinished Living Area
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Unfinished SqFt:29001.60
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Unfinished SqFt:3.00
Location
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Directions:From Downtown Roanoke take Franklin Rd heading south, then right on to Allison Ave. Property will be on your left at the intersection of Alison Ave and 6th St.
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Latitude:37.260825
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Longitude:-79.952977
The Property
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Property Type:B
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0.15Acres Total:
Listing Agent
- Contact info:
- Agent phone:
- (866) 807-9087
Taxes
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Tax ID:113-1314
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Annual Property Taxes:$3,760.54
Heating & Cooling
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Heating:Other - See Remarks
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Cooling:No Cooling System
Utilities
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Sewer Description:Public Sewer
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Water Description:Public Water
Schools
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Elementary School:Highland Park
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Middle School:James Madison
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High School:Patrick Henry
The Community
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Subdivision:Old Southwest
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Condo Association:No
Parking
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Uncovered # Spaces:3.00
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Covered Parking:Street
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Total Cov'd Parking Space:17416.44
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Additional Parking Spaces:11585.16
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/19/24
Nov 19, 2024
|
Listed / Active | RVAR | $360,000 | 24.1% (6.8% / YR) |
|
12/20/21
Dec 20, 2021
|
Listed / Active | RVAR | ||
|
4/30/21
Apr 30, 2021
|
RVAR | $290,000 | 0.0% |
