BEDS0
BATHS
SQUARE FEET10,656
MLS#929215
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGrandin Court
Property Description
Well-located multifamily investment opportunity in Roanoke's desirable Raleigh Court/Grandin Village area. This classic brick,1930s property offers strong neighborhood appeal, convenient access to restaurants, shopping, parks, schools, public transportation, and major employment centers. Positioned along Grandin Road SW, the asset has proven durable rental demand. Ideal for investors seeking a long-term hold or value-add opportunity through continued professional management and potential unit improvements. Additional potential income from garage leases (8 units) and laundry income. See rent roll for details. Property is made up of 8 2BR's and 4 1BR's. On site parking in back.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central Air
Heating: Heat Pump Electric
Lot Size: 0.58 Acres
Taxes: $11,500
Year Built: 1930
Feature Descriptions
Exterior: Brick
Lot Dimensions: 0.58 acre(s)
Parking Notes: Private (10 or More)
Sewer: Public Sewer
Units: 12
Water: Public
Local Schools
High School: Patrick Henry
Middle School: James Madison
Elementary School: Wasena
Listed By / Shown By
Listed By
Agency Name: INVESTORS REAL ESTATE PARTNERS LLC
Agency Phone: (540) 444-4737
Shown By
Agent Name: Ken Arritt
Agent Phone: (540) 580-3819
Agency Title: MKB, REALTORS
Estimate Your Payment
Estimated Payment
$ 4,731.67 per month $3,336.12 Principal & Interest $958.33 Property Tax $437.21 Homeowner's InsuranceChange Payment Information
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1712 Grandin Rd Sw | MLS# 929215
This multi-family property located at 1712 Grandin Rd Sw, Roanoke, VA 24015 is currently listed for sale with an asking price of $1,499,000. Search Roanoke real estate on karritt.mkbrealtors.com today.