Multi-Family $ 1,499,000

1712 Grandin SW RD

Roanoke, VA 24015

  • 1930 Year Built
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.
Listed by INVESTORS REAL ESTATE PARTNERS LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type MultiFamily

    Listing Status Active

    Purchase Type For Sale

    Subdivision Grandin Court

    MLS Listing ID 929215

    HOA Y/N No

    Year Built 1930

    Annual Tax Amount $11,500

    Acres 0.58

    Property Sub-Type MultiFamily

    Source Roanoke Valley Association of REALTORS®

  • Location

    State VA

    County City Of Roanoke

    Community Grandin Court

    Area 0.58

    Direction 1712 Grandin RD SW, Roanoke, VA 24015

  • Rooms

    Basement Partial

  • Building

    Sewer Public Sewer

    Water Public

    New Construction No

  • Interior

    Heating Electric Heat Pump

    Cooling Central Air

    Fireplace No

  • Exterior

    Garage No

  • Schools

    Elementary Schools Wasena

    Middle Schools James Madison

    High Schools Patrick Henry

  • Others

    Tax ID 144-0702

CONTACT

Jason Fountain, CCIM
Jason Fountain, CCIM

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