4622 Grandin Rd SW, Roanoke, VA 24018

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)