1202 Melrose Avenue Northwest

Roanoke, VA 24017

$181,950
Price
4
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great turn key investment apts - upgraded electrical wiring - storage in attic and basement - metal roof - new water heater for upstairs unit - fresh paint inside and outside - front and back porches - new luxury vinyl tile - near bus line - blown in insulation in walls as well as in attic - new cabinets in unit two - laundry hookups in both units - level back lawn - newly refinished clawfoot tub - hardwood flooring - on the bus line - view roanoke star from your balcony!Great turn key investment apts - upgraded electrical wiring - storage in attic and basement - metal roof - new water heater for upstairs unit - fresh paint inside and outside - front and back porches - new luxury vinyl tile - near bus line - blown in insulation in walls as well as in attic - new cabinets in unit two - laundry hookups in both units - level back lawn - newly refinished clawfoot tub - hardwood flooring - on the bus line - view roanoke star from your balcony!
  1. Listed by BRADLEY THOMAS • MOUNTAIN VIEW REAL ESTATE LLC
  2. Listed by WILLIAM ERIC THOMAS • MOUNTAIN VIEW REAL ESTATE LLC

Property Details for 1202 Melrose Avenue Northwest

Subdivision Name
N/A
Covered Spaces
19649.0

Location

Listing Courtesy of MOUNTAIN VIEW REAL ESTATE LLC, BRADLEY THOMAS; MOUNTAIN VIEW REAL ESTATE LLC, WILLIAM ERIC THOMAS
Add your commute
LISTING UPDATED: 05/06/2024 01:14 PM

Property Details for 1202 Melrose Avenue Northwest

StatusActive
MLS #904667
Days on Market104
Taxes$711 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1925
Lot Size0.17 AC / 7,405 SF
CountyRoanoke

Location

Listing Courtesy of MOUNTAIN VIEW REAL ESTATE LLC, BRADLEY THOMAS; MOUNTAIN VIEW REAL ESTATE LLC, WILLIAM ERIC THOMAS
Add your commute

Building Information for 1202 Melrose Avenue Northwest

Stories-Residences2Year Built1925Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$1,052 per month

30 year fixed, 7.25% Interest

Principal and Interest

$993

Property Taxes

$59

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1202 Melrose Avenue Northwest

Summary
Location and General Information
  • Directions: FROM CIVIC CENTER - ORANGE AVE WEST, LEFT ON 12TH, RIGHT ON MELROSE, HOME ON LEFT.
  • MLS Area Major: 0140 - City of Roanoke - NW
  • City: Roanoke
  • State Or Province: VA
  • Postal Code: 24017
  • County Or Parish: City of Roanoke
  • MLS Area Minor: 0140 - City of Roanoke - NW
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 2222808
  • Tax Block: 21
  • Tax Lot: PT 8
  • Tax Tract Or Section: 0
  • Tax Amount: $711
  • Location Legal Taxes - Phase: $1
  • Location Legal Taxes - Annual Taxes: $711
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Roanoke Academy of Math and Science
  • Middle Or Junior School: Lucy Addison
  • High School: Patrick Henry
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Street
Property
Lot Information
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 50 X 150
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7405.2
  • General Property Description - Total Acreage: 0.17
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1925
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
  • General Property Description - Present Use: Converted
Utilities
  • Miscellaneous Info - Public Transport2: Yes
  • Sewer: True
  • Water Description - Public Water: Yes
  • Internet Access - Cable: Yes
  • Internet Access - Current Internet Prov: COX
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Amenities Common - Cable TV: Yes
Interior Features
  • Water Heater Type - Tank: Yes
  • Water Heater Energy - Natural Gas: Yes
  • Cooling: None
  • Heating: Baseboard, Baseboard Electric, Forced Air Gas
  • Interior Features: Storage
  • Basement: Partial Basement
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: No
  • Heating: Yes
  • General Property Description - Basement: Yes
  • Interior Features - Storage: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 2.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • General Property Description - # Leased Units: 0
Income & Expenses
  • Gross Scheduled Income: $23,880
  • Operating Expense: $4,366
  • Insurance Expense: $400
  • Maintenance Expense: $1,500
  • Other Expense: $706
  • General Property Description - Gross Income: $23,880
  • Gross Income: $23,880
  • Net Operating Income: $19,649
Unit 1
  • Unit Number: Type 1
  • Units Total: 1
  • Beds Total: 2
  • Furnished: 1
  • Stories: 0
  • SqFt: 864
Unit 2
  • Unit Number: Type 2
  • Units Total: 1
  • Beds Total: 2
  • Furnished: 1
  • Stories: 0
  • SqFt: 864
Rental
Rental Information
  • Tenant Expenses - Cable TV: Yes
  • Tenant Expenses - Electricity: Yes
  • Tenant Expenses - Gas: Yes

Property History for 1202 Melrose Avenue Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1202 Melrose Avenue Northwest

Taxable ValueLand$7,500Additions$50,800Total$58,300
Tax Record2023$711 ($59 / month)
Home Facts
Total Finished SqFt1,728 SqFtAbove Grade Finished SqFt1,728 SqFtStories2Lot Size7,562 SqFtStyleMulti-Family Dwelling (2-4)Year Built1925ZoningRM-1CountyROANOKE CITYAPN222-2808Fireplace TypeHas Fireplace

Schools near 1202 Melrose Avenue Northwest

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
Rating
School
Distance
Addison Aerospace Magnet Middle School
Public6 to 8

Patrick Henry 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.

Similar Homes

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Similar Sold Homes

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1202 Melrose Avenue Northwest is a multi-family home for sale in Roanoke, VA 24017. This property was listed for sale on February 1, 2024 by MOUNTAIN VIEW REAL ESTATE LLC, it's currently listed at $181,950. This listing's school district is Roanoke City Public Schools. Nearby schools include Roanoke Academy For Math & Science Elementary, Addison Aerospace Magnet Middle School and Patrick Henry High School. 1202 Melrose Avenue Northwest is a 4-bed, 0-bath, multi-family home built in 1925.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MOUNTAIN VIEW REAL ESTATE LLC, BRADLEY THOMAS; MOUNTAIN VIEW REAL ESTATE LLC, WILLIAM ERIC THOMAS

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.