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Old Southwest investments in Roanoke
Posted on March 9, 2008 | Filed Under Real Estate Investments, Roanoke City Real Estate
It seems like lately that the Old Southwest neighborhood in Roanoke is one of the hot places to be and a great place for investment as well. Here’s your opportunity to get in on the ground floor with some properties that are ready to be taken over.
117 12½ Street SW, Roanoke
- $66,500
- A lot of refurbishing is already completed
- Great positive income rental potential and close to the bus line
- New roof, electric panel, siding, wiring, flooring, carpet, vinyl, etc.
- 4 bedroom, 2 baths
- Great Old Southwest style
609 Elm Avenue SW, Roanoke
- $82,500
- Doesn’t need many repairs, would make a great remodeling project
- Great architectural details, fireplace, old style windows, bonus attic space, dormer windows, etc.
- 4 bedroom, 1 and a half baths
- Classic Old Southwest architecture and style
1722 Patterson Avenue SW, Roanoke
- $85,500
- Needs a few repairs but not much
- Great positive income rental potential and close to the bus lines
- Lots of space, your tenants will love it!
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Another Roanoke Foreclosure SOLD!
Posted on August 31, 2007 | Filed Under Foreclosed Homes for Sale, Roanoke City Real Estate
FORECLOSURE SOLD
This foreclosure in northwest Roanoke was a great deal for the investor who purchased it. I sold it for only $47,000!! Can you believe that? Foreclosing banks and the government are eager to get rid of their inventories.
There are many many foreclosure deals like this to be had in Roanoke. Why don’t you contact me to receive a regularly updated list of deals?
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SOLD! Foreclosure hunt is on!
Posted on July 29, 2007 | Filed Under Foreclosed Homes for Sale, Real Estate Investments, Roanoke City Real Estate
DUPLEX FORECLOSURE SOLD
One of my regular investment clients recently purchased this duplex in SW Roanoke City. It appears the previous owner was attempting a remodel job when they were foreclosed on, saving my investment client some time and money.
This duplex foreclosure features 2 units with 2 bedrooms and 1 bath each with kitchens and baths.
The duplex also features a full basement for tenant’s storage and a walk-up attic that could be remodeled into an efficiency apartment. Quite the bargain with a sales price of around $57k.
Are you out there looking for deals like this? Contact me for more info and to be added to my regular foreclosure listing email!
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Sold! Foreclosure plus one in Southwest Roanoke
Posted on June 20, 2007 | Filed Under Foreclosed Homes for Sale, Roanoke City Real Estate
SOLD!
My two most recent home sales in southwest Roanoke.
The first house is 609 Elm Avenue SW sold to an investor who plans to refurbish the home to either rent or possibly resale at a later date.
The second home is a foreclosure in southwest Roanoke. This investor picked up a solid deal on this home that, although it needs moderate repairs, will turn him a good profit when he decides to sell it.
Congrats George!
If you’re interested in foreclosed homes for sale in or around the Roanoke Valley, please feel free to contact me to be added to my list of investors and buyers. I regularly email my list with new and upcoming Roanoke and Smith Mountain Lake foreclosures.
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SOLD! Roanoke Foreclosure
Posted on May 24, 2007 | Filed Under Foreclosed Homes for Sale, Roanoke City Real Estate
SOLD!
This Roanoke, Virginia foreclosure sold in only 47 days! Contact me for more information on Roanoke Valley foreclosures.
I have a list of current REO properties available for sale and soon to be available homes.
Find out about foreclosure homes before they hit the market by contacting Roanoke real estate agent Marty Martin.
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For Sale: Grandin Court Cottage
Posted on May 11, 2007 | Filed Under Roanoke City Real Estate
FOR SALE
Dreamed of cottage living in Grandin Court? Then this beauty is for you!
This home features a cozy floor plan with comfortable den/living room with wood stove, gleaming hardwood floors and more! This long-term owner has really cared for this home. It has a wonderfully serene front porch with classic metal roofing for enjoying a rainy or sunny day! Set away from the road you can enjoy your day or evening on the porch or nearby detached covered deck. Featuring 0.39 acre fenced yard with paved driveway, outdoor shed for storage and even the hot tub stays for the new owners!
Perfect 1-level living with two bedrooms, walk-in closet, kitchen with new counter tops and floor, newly refinished hardwoods, new gutters and furnace round out this great home value in beautiful Grandin Court in Roanoke City. Convenient to Grandin Village and Cave Spring Corners. For more information, give Marty Martin a call at (540) 397-0014. A great deal at only $139,950.
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Sold in 7 days!
Posted on March 20, 2007 | Filed Under Foreclosed Homes for Sale, Roanoke City Real Estate
SOLD
This Roanoke Virginia foreclosed home was listed and sold by me in 7 days! I list and sell many foreclosures in the Roanoke area as well as regular homes for sale. Give me a call (540-397-0014) for my current foreclosure inventory and a sneak preview of foreclosed houses that will be coming to market soon in the Roanoke Valley.
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908 Grayson Avenue NW, Roanoke
Posted on February 5, 2007 | Filed Under Foreclosed Homes for Sale, Real Estate Investments, Roanoke City Real Estate
SOLD
A great northwest Roanoke home for a first-time home buyer or investor in Roanoke! This foreclosed home is just released to the market and is priced by the owner for a very quick sale. Great condition on the inside with hardwood floors and great style.
It has a huge lot for the neighborhood at almost a quarter acre and a great front porch for sitting and relaxing.
Priced to sell at only $79,900! Call me before its gone!
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Colonial for sale in Raleigh Court
Posted on September 6, 2006 | Filed Under Roanoke City Real Estate
OFF MARKET
A grand two-story brick Colonial home situated in one of Roanoke’s most desired neighborhoods- Raleigh Court.
Exquisite 3 bedroom, 2 bath home with beautiful hardwood and tile floors, comforting fireplaces and stately presence, in the heart of Raleigh Court. This great buy is convenient to Grandin Village and will afford luxurious living to its next owner. Internet ready rooms too!
Affordably priced at $229,000, this home won’t be on the market long! Call before it’s gone!
Price reduced to $219,950 and seller is offering a home warranty to the buyer! Seller is being transferred out of town and is motivated!
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Raleigh Court Tudor For Sale
Posted on September 1, 2006 | Filed Under Roanoke City Real Estate
OFF MARKET
A grand tudor situated in one of Roanoke’s most desired neighborhoods- Raleigh Court.
Enjoy an easy walk to Grandin Village for a great dinner and movie at the historic Grandin Theatre. Convenient to all of Roanoke, this beautiful 3 bedroom, 2 bath tudor home won’t last!
Beautiful hardwood floors, stately fireplace, built-in bookcases, convenient fenced yard, and a spacious porch are only a few of the conveniences and features that will make you want this home to be yours.
Get a sneak peek inside with this great virtual tour! You can learn more about Roanoke’s tudor style homes by visiting my previous post here.
The price has recently been reduced to $227,000 and won’t last long! Call before it’s gone!
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Tudor style homes in Roanoke
Posted on August 5, 2006 | Filed Under Real Estate News, Roanoke City Real Estate
CNNMoney.com had a really good article on Tudor style homes the other day.
Here’s a short excerpt-
Tudor homes are based on the architecture of England at the end of medieval times. The style evolved during the late 15th century and lasted until shortly after the turn of the 17th century.
Half-timbered, stucco walls, turrets and steeply pitched roofs with cross gables are characteristics of the style. Windows tend to be very tall and panes very small; they’re often leaded in a diamond pattern. Arched entryways and substantial chimneys topped by terra cotta pots are also common Tudor themes.
I’ve always loved the architecture in Roanoke’s tudor homes. The Grandin Village, Raleigh Court and Grandin Court areas in Roanoke, as well as others, have many tudor style homes. There are several tudor style homes on the market in Roanoke right now. Contact me for more information or a no-obligation showing. The picture to the right is from one of the homes currently on the market.
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Roanoke foreclosure sale
Posted on July 24, 2006 | Filed Under Foreclosed Homes for Sale, Roanoke City Real Estate
There are ten government-owned houses for sale in the Roanoke Valley right now (eight in Roanoke, one in Salem and one in Vinton). Have you ever considered buying a HUD-owned home for sale? Some are a little rough around the edges but they more often than not come with cash to help you make the necessary repairs. Not all real estate agents can show you a HUD home but I’d be glad to unlock the door for you.
Below is one of the government homes for sale now; this one is in Roanoke City on Dell Avenue.
This beautiful 3BR/2BA home in north Roanoke City is currently priced at $133,000 but oftentimes the government will negotiage with you. It currently has a cash escrow amount of $3,400 to help you with any necessary repairs). It was built in 1949 and has 1728 square feet of living area. Contact me for more information, it is open for bids right now!
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Roanoke real estate prices still up
Posted on July 5, 2006 | Filed Under Real Estate Facts, Real Estate News, Roanoke City Real Estate
According to CNN Money, real estate prices in the City of Roanoke have increased 6.86% in the previous 2-5 years compared to a nationwide average of 14.88%.
For comparison, here are a few rates of increase from around Virginia-
- Charlottesville - up 12.82%
- Richmond - up 8.38%
- Virginia Beach - up 13.59%
- Alexandra - up 23.67%
So as you can see, home values in and around Roanoke are still a great deal compared to Virginia and the rest of the nation!
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Campbell Garage Lofts
Posted on May 26, 2006 | Filed Under Roanoke City Real Estate
Unique downtown living! Waldvogel Commercial Properties yesterday had an invitation-only tour of their new downtown Roanoke condominiums.
I must admit that when I first heard this downtown Roanoke building was being renovated for upscale condominium homes, I was skeptical. After all, this building overlooks on the front side, the Roanoke City Jail. On the backside, it overlooks the roofs of the smaller buildings behind and the parking lot of the Virginia Transportation Museum. Not exactly what I’d call a nice view.
After a very quick self-guided tour, I can say that the inside of this building is beautiful. It has a very tasteful modern decor with Roanoke-themed artwork. The inside of the condominiums are also very nice with very modern appliances. The floors are all dark wood that looks to be the original floors. While this is very nice, it does make some of the rooms darker than I personally like. Obviously though this isn’t a negative for some as many of the units are already sold.
The balconies on the upper floors of the condominium are interesting. The floors are a sort of rubberized mat while the outside walls of the balcony are copper siding which should be very pretty if kept polished but I think may make it even more hot on top of the building as well as reflect your heat if you’re trying to grill out there.
Overall I’d say it’s very nice for the right person. Plus, if you love watching CSI and Cops you’ll have real live-action out your front window. How exciting!
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Using the Internet doesn’t replace a REALTOR®
Posted on April 11, 2006 | Filed Under Random Real Estate, Roanoke City Real Estate
Many home buyers and sellers are turning to the Internet in an attempt to sell, price, market and/or buy their home.
The Internet is a fantastic resource for beginning to research the market and look for homes for sale, however, oftentimes you must search multiple websites for different types of homes for sale- for sale by owner (the worst way to buy/sell a home), real estate agents, REALTORS®, land offers, and/or auctions. It is a herculean task to try to locate that perfect home or real estate you are dreaming of.
REALTORS® are trained and experienced real estate professionals. They know where, when and at what time to search for property that’s right for you. Did you know that the buyer doesn’t pay any fees to their REALTOR®? All agent fees are paid by the seller.
My name is Marty Martin and I specialize in Roanoke, Botetourt and Franklin County real estate and especially looking for great deals. I have a contract for one of my buyers right now on a beautiful home in the Grandin Road/Raleigh Court neighborhood. By knowing how to locate distressed sellers, I was able to negotiate a price well below the appraised value of the home. I can’t tell you the exact price, but it is well under $100,000. If you know that neighborhood, you will understand what a great deal it really is!
Give me a call today at 397-0014 and let me help you in your search for your next home.
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