NE Duplex-Half Rented Out Sold

  • $50000

This dog will hunt.

This is a converted duplex with separate electric meters in northeast Roanoke, just behind the Greek Orthodox Church.  It does need work on the exterior and the in the downstairs unit but this should be a tidy little four-figure rental generator, which would be great in anyone’s portfolio.

The lower unit has one large bedroom and a spacious living room bonus room and deck.  The upstairs unit has two bedrooms a full kitchen and a bathroom, is rented and good to go!  The lower unit will need a complete do-over.  There is a kitchen, bathroom, floor and ceiling work to contend with.  There is also an oil furnace that might be repairable, but heating would need to be addressed.  On the exterior, guttering and painting are in order.  The roof is newer, but it’s not perfect.   Some clean-out will also be required but not much.

This should be an easy decision at this price.  With about $25000 worth of upgrades, you should have a twelve cap under your belt.  Please call Mack today!

Mack Douglas III 540-613-8335

Roanoke, VA 24012
For Sale
Property Type:

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