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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.

Property Details of 4408 Lela Avenue NE

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Listed by Jennifer Gombo of United Real Estate Premier

Roanoke, VA Demographics

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Roanoke, VA Real Estate Market Data

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Roanoke, VA Schools

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