Address: |
view address Mount Airy, NC 27030 Map Location |
Features: | Balcony |
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Lot Size: | 15,681 sq. ft. (0.36 acres) | Year Built: | 1925 |
Styles: | Two Story | Property Type: | Apartment |
County: | Surry | List Date: | 2024-03-06 |
Listing Number: | 1134413 | Listed By: | eXp Realty LLC |
Rare multifamily investment opportunity! Fully occupied cash flowing 4 unit apartment building located in a prime location right off S Main St just two blocks from Downtown Mount Airy. Historic building with full brick exterior. Priced at a 9% cap rate based on current in place rents and expenses. Three units are long term leases and one unit is month to month. Recent renovations include new roofing, plumbing updates, bathroom updates, fresh paint and landscaping. Each unit features 2 beds, 1 bath and a den. Each unit is sub-metered for power and water/sewer. Tenants pay for all utilities except trash collection. Units have in-unit washer and dryer connections. Off street parking lot located in rear of property. Basement features full height ceilings. Financials available with proof of funds from prospective purchaser. Interior photos available upon request. Please do not disturb tenants.
Electric Heat: | Yes | Tile Flooring: | Yes |
Washer/Dryer Hookup: | Yes | Wood Floors: | Yes |
Balcony: | Yes | Brick Exterior: | Yes |
Style: | Two Story | Units In Project: | 4.00 |
Elementary School: | Tharrington/Jones | High School: | Mt Airy |
Lot Acres: | 0.36 | Middle School: | Mt Airy |
Public Sewer: | Yes | Public Water: | Yes |
Taxes: | 2,032.00 | Transaction Type: | Sale |
Year Built: | 1925 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.