Old Southwest investments in Roanoke

March 9, 2008 · Filed Under Real Estate Investments, Roanoke City Real Estate · Comment 

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!