This charming 1940 Ranch-style residence presents a compelling investment opportunity, situated on a generous 1.3-acre lot. The property features a detached structure with two well-appointed bedrooms and a full bathroom, offering a solid foundation for rental income or future renovations. The partial basement provides additional storage or potential for expansion, enhancing the property's value. Constructed with durable aluminum siding, this home requires minimal maintenance, ensuring low overhead costs for investors. The expansive outdoor space allows for various possibilities, including landscaping enhancements or potential development, subject to local zoning regulations. With no pool and a straightforward layout, this property appeals to a broad rental market, ensuring consistent demand. The driveway parking accommodates multiple vehicles, adding convenience for tenants. This residence is not only a sound investment but also a canvas for future appreciation in a growing area. Seize this opportunity to diversify your portfolio with a property that promises both stability and potential returns.
Listed By
Agency Name: United Real Estate Premier
Shown By
Agency Title: Massanutten Realty
Agency Phone: 540.289.6335
Estimated Payment
$ 552.25 per month $426.88 Principal & Interest $99.42 Property Tax $25.96 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
4408 Lela Avenue Ne | MLS# VARA2000052
This single family home located at 4408 Lela Avenue Ne, Roanoke, VA 24019 is currently listed for sale with an asking price of $89,000. This property was built in 1940 and has 2 bedrooms and 1 full baths with 728 sq. ft. Lela Avenue Ne is located within the ROANOKE CITY PUBLIC SCHOOLS school district. Search Roanoke real estate on www.massanuttenrealty.com today.