606 Woods Avenue Southwest

Roanoke, VA 24016

$345,000
Price
2
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Invest & Occupy! Discover a unique investment opportunity with this charming circa 1910 brick quadroplex, located in the heart of Historic Old Southwest. Situated within close proximity to neighborhood restaurants, greenways, and Roanoke Memorial Hospital, this location offers tenants the best of urban living. Each unit includes washer and dryer hookups and off-street parking, ensuring convenience and comfort for all residents. Perfect for season or new investors looking for a property with tons...Invest & Occupy! Discover a unique investment opportunity with this charming circa 1910 brick quadroplex, located in the heart of Historic Old Southwest. Situated within close proximity to neighborhood restaurants, greenways, and Roanoke Memorial Hospital, this location offers tenants the best of urban living. Each unit includes washer and dryer hookups and off-street parking, ensuring convenience and comfort for all residents. Perfect for season or new investors looking for a property with tons of potential for exceptional return. Occupying while investing is a genuine game changer for a buyer's financial strategy.
  1. Listed by JOE KRAFT • LICHTENSTEIN ROWAN, REALTORS®
  2. Listed by KATHERINE CLINE • LICHTENSTEIN ROWAN, REALTORS®

Property Details for 606 Woods Avenue Southwest

Zoning
RM-1/h-2
Subdivision Name
Old Southwest
Covered Spaces
30127.0
LISTING UPDATED: 09/16/2024 02:36 PM

Property Details for 606 Woods Avenue Southwest

StatusActive
MLS #909422
Days on Market39
Taxes$4,176 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1910
Lot Size0.00 AC / 0 SF
CountyRoanoke

Building Information for 606 Woods Avenue Southwest

Stories-Residences4Year Built1910Building Size-Lot Size0.00 AC / 0 SF

Property Information for 606 Woods Avenue Southwest

Summary
Location and General Information
  • Directions: Franklin Rd from downtown to right on Woods property on the left.
  • MLS Area Major: 0130 - City of Roanoke - SW
  • City: Roanoke
  • State Or Province: VA
  • Postal Code: 24016
  • County Or Parish: City of Roanoke
  • MLS Area Minor: 0130 - City of Roanoke - SW
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 1140113
  • Tax Block: 11
  • Tax Lot: 19
  • Tax Tract Or Section: 0
  • Tax Amount: $4,176
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $4,176
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Highland Park
  • Middle Or Junior School: James Madison
  • High School: Patrick Henry
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (1 - 9)
Property
Lot Information
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: 50x130
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1910
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
Utilities
  • Sewer: Public Sewer
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
Interior Features
  • Water Heater Type - Tank: Yes
  • Water Heater Energy - Natural Gas: Yes
  • Cooling: Window Unit(s)
  • Heating: True
  • Basement: Full Basement
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Description - Basement: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 4.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • General Property Description - # Leased Units: 4
Income & Expenses
  • Gross Scheduled Income: $45,780
  • Operating Expense: $15,653
  • Electric Expense: $372
  • Gas Expense: $4,000
  • Insurance Expense: $2,200
  • Maintenance Expense: $3,500
  • General Property Description - Gross Income: $45,780
  • Gross Income: $45,780
  • Net Operating Income: $30,127
  • Expenses - Water Exp: $1,405
Unit 1
  • Unit Number: Type 1
  • Units Total: 4
  • Beds Total: 2
  • Furnished: 1
  • Stories: 0
  • Parking: Refrigerator
  • Rent: Range Electric
Rental
Rental Information
  • Lease Term: Month-to-Month, One Year
  • Tenant Expenses - Electricity: Yes

Property History for 606 Woods Avenue Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 606 Woods Avenue Southwest

Taxable ValueLand$36,400Additions$263,700Total$300,100
Tax Record2023$3,661 ($305 / month)
Home Facts
Total Finished SqFt5,208 SqFtAbove Grade Finished SqFt5,208 SqFtStories2Lot Size6,495 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910ZoningRM-1CountyROANOKE CITYAPN114-0113

Schools near 606 Woods Avenue Southwest

This home is within Roanoke City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 12
Rating
School
Distance
Highland Park Elementary School
PublicPK to 5

James Madison Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

Rivermont School - Roanoke
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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606 Woods Avenue Southwest is a multi-family home for sale in Roanoke, VA 24016. This property was listed for sale on July 22, 2024 by LICHTENSTEIN ROWAN, REALTORS®, it's currently listed at $345,000. It has been on the market for a total of 39 days and was last sold on June 21, 2022. This listing's school district is Roanoke City Public Schools. Nearby schools include Highland Park Elementary School, James Madison Middle School and Patrick Henry High School. 606 Woods Avenue Southwest is a 2-bed, 0-bath, multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LICHTENSTEIN ROWAN, REALTORS®, JOE KRAFT; LICHTENSTEIN ROWAN, REALTORS®, KATHERINE CLINE

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.