2703 Broad ST NW, Roanoke, VA 24012

$600,000
Property Type: MultiFamily Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $600,000 List Date: 7/25/2025 Last Modified: 7/28/2025

Description

Solid performing building. All are 2br/1ba. Community laundry in the basement. All units occupied. Rent roll is attached to documents. Complete tenant histories available - no defaults. No existing lease violations. We have up to date financials and recent inspections in PDF format that can be sent to qualified parties. Roof is solid and has a clean bill of health. You are welcomed to walk grounds and common areas - and we can send you inspection reports. However, no units will be shown until buyer and seller come to terms.

More Information MLS# 919498

Contract Information

Current Price: $600,000 List Price: $600,000 List Date: 2025-07-25 Status: Active

General Property Description

Multi-Family Type: Apartments Construction Status: Completed Year Built: 1948 Number of Units: 6 # Unfurnished: 6 # Leased Units: 6 Gross Bldg SQFT: 4650 Lot Dimensions: 75x166 Total Acreage: 0.29 Basement Y/N: Yes Basement: Full Basement Parking Description: Private (10 or More) # Vehicle Spaces: 10 Operating Expense: 10060.8 Net Operating Income: 31919.9 Gross Income: 41980.7 Water Class: N/A

Location Legal Taxes

Area: 0150 - City of Roanoke - NE Street Number: 2703 Street Name: Broad Street Suffix: ST Street Direction Sfx: NW State/Province: VA Zip Code: 24012 Subdivision: NA Municipality: City of Roanoke Elementary School: Preston Park Middle School: James Breckinridge High School: William Fleming

Property Features

Limited Service: Not Limited Service Construction: Brick Heating: Forced Air Gas Cooling: Window A/C Water Description: Public Water Sewer Description: Public Sewer Owner Expenses: Lawn Care; Management Fee; Water Tenant Expenses: Electricity; Gas; Heating
Listing Office: THE GRANDIN AGENCY
Last Updated: July - 28 - 2025
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