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1325 Clarke Avenue Southwest
Roanoke, VA 24016
Asking Price
$285K
Asset Type
Residential Land
Class
Class B
What's Special
Land | 0.344 acres <ul><li>RM-2 Multifamily Zoning - Permits one dwelling unit per 1,000 square feet of lot area, creating a path to meaningful residential density subject to H-2 historic district requirements.</li><li>±15,000 SF Assemblage - Two contiguous lots totaling approximately 15,000 square feet provide uncommon scale for an infill development opportunity in Old Southwest.</li><li>Renovated Carriage House - ±1,152 SF 2BR/1BA carriage house offers immediate income potential and is positioned in the corne
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NOI
$80,000
Cap Rate
28.07%
DSCR
4.73
Strong
Cash-on-Cash
73.78%
Monthly Payment
$1,410.024
Annual Cash Flow
$63,079.706
