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About the Listing UTRP1 - 3293696
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.
Listing Highlights for 4408 Lela Ave NE
Status
Active With Contingency
Days on Site
15
Property Type
Residential
MLS ®
VARA2000052
Year Built
1940
Total Square Footage
728
Lot/Acreage
1.3
County
Roanoke City
Neighborhood
None Available
School District
Roanoke City Public Schools
Elementary School
Monterey
Middle School
James Breckinridge
High School
William Fleming
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 728
- Basement: Partial
- Other: Main Floor Bedrooms: 2
- Water: None
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-1
- Roof:
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $1,193
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
4408 Lela Ave NE Roanoke, VA 24019
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