4437 Blue Ridge Blvd

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic investment opportunity in Botetourt County! All three units are currently rented with long-term tenants, ensuring a steady income stream. The property consists of a 2-bedroom house and a 2-unit building, each unit offering 2 bedrooms and 1 bath. Great value add potential with below market rents and a lot of room for appreciation with some sweat equity. Please note that the property is being sold AS IS.Fantastic investment opportunity in Botetourt County! All three units are currently rented with long-term tenants, ensuring a steady income stream. The property consists of a 2-bedroom house and a 2-unit building, each unit offering 2 bedrooms and 1 bath. Great value add potential with below market rents and a lot of room for appreciation with some sweat equity. Please note that the property is being sold AS IS.
  1. Listed by CODY JOURNELL • GRAVITY REAL ESTATE GROUP INC

Property Details for 4437 Blue Ridge Boulevard

Subdivision Name
N/A
Covered Spaces
13800.0
LISTING CLOSED: 08/31/2023 12:00 AM

Property Details for 4437 Blue Ridge Boulevard

StatusClosed
MLS #900497
Days on Market4
Taxes$677 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMultiFamily / Other - See Remarks
Year Built1954
Lot Size0.28 AC / 12,196 SF
CountyBotetourt County

Location

Add your commute

Building Information for 4437 Blue Ridge Boulevard

Stories-Residences3Year Built1954Lot Size0.28 AC / 12,196 SF

Payment Calculator

$514 per month

30 year fixed, 6.55% Interest

Principal and Interest

$457

Property Taxes

$56

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4437 Blue Ridge Boulevard

Summary
Location and General Information
  • Directions: 460 / Orange Avenue Toward Blue Ridge to property on left.
  • MLS Area Major: 0700 - Botetourt County
  • City: Blue Ridge
  • State Or Province: VA
  • Postal Code: 24413
  • County Or Parish: Botetourt County
  • MLS Area Minor: 0700 - Botetourt County
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 109 2A
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract Or Section: 0
  • Tax Amount: $677
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $677
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Colonial
  • Middle Or Junior School: Read Mountain
  • High School: Lord Botetourt
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (1 - 9)
Property
Lot Information
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Lot Size Square Feet: 12196.8
  • General Property Description - Total Acreage: 0.28
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1954
  • Property Sub Type: Other - See Remarks
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
Utilities
  • Sewer: Shared Septic
  • Water Description - Shared Well: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Block
Interior Features
  • Water Heater Type - Tank: Yes
  • Water Heater Energy - Electric: Yes
  • Cooling: Window Unit(s)
  • Heating: Heat Pump Electric, Baseboard Oil
  • Basement: Other - See Remarks
  • 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: 3.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • General Property Description - # Leased Units: 2
Income & Expenses
  • Gross Scheduled Income: $16,800
  • Operating Expense: $3,000
  • General Property Description - Gross Income: $16,800
  • Gross Income: $16,800
  • Net Operating Income: $13,800
Rental
Rental Information
  • Tenant Expenses - All Utilities: Yes

Property History for 4437 Blue Ridge Boulevard

DateEvent & SourcePriceAppreciation
Aug 31, 2023

Sold

Roanoke Valley Association of REALTORS #900497

$90,000
Aug 28, 2023

Sold (Public Record)

Public Record #1518942827

$90,000

+7.4% / yr

Aug 9, 2023

Pending

Roanoke Valley Association of REALTORS #900497

DateEvent & SourcePrice
08/31/2023

Sold

Roanoke Valley Association of REALTORS #900497

$90,000
08/28/2023

Sold (Public Record)

Public Record #1518942827

$90,000

+7.4% / yr

08/09/2023

Pending

Roanoke Valley Association of REALTORS #900497

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

Public Records for 4437 Blue Ridge Boulevard

Taxable ValueLand$13,800Additions$99,300Total$113,100
Tax Record2024$792 ($66 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,000 SqFtAbove Grade Finished SqFt1,000 SqFtStories1Lot Size12,284 SqFtStyleSingle Family ResidenceYear Built1954ZoningA1CountyBOTETOURTAPN109-2A

Schools near 4437 Blue Ridge Boulevard

This home is within Botetourt County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Colonial Elementary School
PublicPK to 5

Read Mountain Middle School
Public6 to 8

Lord Botetourt High School
Public9 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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GRAVITY REAL ESTATE GROUP INC, CODY JOURNELL

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.