For sale
  • $1,795,000

    4622 Grandin Rd SW, Roanoke, VA 24018

    --beds
    --baths
    12,192sqft
    : 
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $147/sqft
    $-- HOA

    What's special

    Private poolLandscaped surroundingsManicured groundsAmple off-street parkingAll-brick colonial architecturePeaceful park-like settingSpacious two-bedroom apartments
    Nestled in Roanoke's desirable Southwest corridor, this 12-unit apartment building offers investors an attractive blend of stability and upside potential. The property has been well maintained and features all-brick Colonial architecture, manicured grounds and spacious two-bedroom apartments. Current rents are below market, creating immediate potential for income growth. Residents enjoy a peaceful, park-like setting in the Oak Grove area just minutes from Lewis Gale Medical Center, Tanglewood Mall, and Electric Rd. (U.S. 419) commercial corridor, making it a consistently sought-after rental location. " 12 total units - All 2BR apartments " Classic brick exterior with colonial detailing " Central boiler with gas backup heat " Owner also pays water/sewer; tenants pay electric " Ample off-street parking and landscaped surroundings " Common-area stairwells and corridors " Strong rental history with minimal vacancy " Private pool (currently not in use, with potential for reactivation or repurposing)
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