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)
For sale
$1,795,000
4622 Grandin Rd SW, Roanoke, VA 24018
--beds
--baths
12,192sqft
Est.:
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
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