7 photos
$450,000
1112 Chapman Ave SW
Roanoke, VA 24016
JASON NOEL FOUNTAIN, INVESTORS REAL ESTATE PARTNERS LLC · (540) 444-4737
What the listing says
Fully leased four-unit masonry building on Chapman Ave SW in Roanoke. Each unit has 2 bedrooms and 1 bathroom and rents for $1,200 per month, for $4,800 in monthly gross rent ($57,600 a year). All four units hold City of Roanoke Rental Certificates of Compliance valid through June 2029. 100% Occupied. Secondary owner financing may be available to qualified buyers. The property can be bought on its own or as part of a portfolio with other properties. See MLS 931861
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi-Family
HOA
None
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Questions about owner financing in Roanoke
What is owner financing for 1112 Chapman Ave SW?
Owner financing means the seller of 1112 Chapman Ave SW acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Roanoke, VA home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Roanoke home?
There is no standard down payment. The seller of this Roanoke home sets their own, and it is negotiable. Ask the seller or their agent.