124-132 Avendale Avenue NE Roanoke, VA 24012

Building Details

Year Built

1988

Listing agency Gentry Commercial Real Estate Inc

Listed by Christopher Gentry, SIOR · License #VA 0225033997

Source Crexi

Added: Mar 29 Updated: Jul 20 at 6:24PM Checked: Jul 21 at 7:05AM

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Investment Insights

Based on property information with market context.

The offering includes two duplex apartment buildings plus an additional lot currently used as parking. Each unit is a 2BR, 1BA layout. Improvements have been made within recent years, and one unit is currently being renovated with new flooring, new bath fixtures, paint, and a new water heater.

Units are separately metered for electric and gas, supporting independent utility responsibility. The property is described as conveniently located just off Williamson Road near Orange Avenue and is supported by an excellent rental history.

The asset consists of three separate parcels, with the third parcel providing on-site parking and potential space for another structure, subject to applicable approvals.

Key Highlights

• Two duplex apartment buildings built in 1988, plus an additional lot currently used as parking
• All units are 2BR/1BA, with separately metered electric and gas service
• Recent improvements throughout the property; one unit is currently being renovated with new flooring, bath fixtures, paint, and a new water heater

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FAQs

What type of property is this?

Duplex - Two separately metered 2BR/1BA duplex buildings with a third lot used for parking.

Where is this duplex located?

The property is located at 124-132 Avendale Avenue NE Roanoke, VA.

What is the asking price?

The asking price for this property is $459,900.

What are key features of this property?

This property features: Two duplex apartment buildings built in 1988, plus an additional lot currently used as parking; All units are 2BR/1BA, with separately metered electric and gas service; Recent improvements throughout the property; one unit is currently being renovated with new flooring, bath fixtures, paint, and a new water heater