🚀 Investment Opportunity in Roanoke, VA - 3/1 with Lot Splitting Potential 🏡

Roanoke, VA, 24014 view full address
For Sale
Listed at: September 26th, 2024
Price
$125,000
ARV
$180,000
Gross Margin
$55,000
Sq. Footage
900
Type
Single-Family
Parking
Driveway
Year build
1927
Lot size
0.28 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

I wanted to bring to your attention a fantastic investment opportunity in Roanoke, VA. This property is a 3-bedroom, 1-bathroom home, approximately 1,000 square feet, located on a large corner lot.

The real value here lies in the potential for future development—the lot is large enough to be split off, creating an additional parcel for a new build or resale. With this flexibility, there’s a lot of opportunity to maximize your investment.

Here are a few highlights:

PRICE: $125,000

BUY IT NOW PRICE: $135,000

  1. Large corner lot with subdivision potential
  2. Strong growth area with increasing property values
  3. Great opportunity for rental income, resale, or new development

If you’re interested, I’d be happy to provide more details, including financial projections or arrange a time for you to see the property.

Let me know your thoughts!

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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Ribble

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Disposition manager