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135 W Church Street
Mount AiryNC 27030

$500,000
Sale Under Contract
Tools
Brochure
Size
8
Bedrooms
4
Full Baths
5,300 Sq Ft.
interior
0.36 Acres
Exterior
Financial
$500,000
Change Currency
$94
Price Per Sqft
Listing Details
Apartment
Property type
1925
Year Built
Unspecified
Schools
Unspecified
Elementary
Unspecified
Middle
Unspecified
High
10726846
Web Id
4116499
MLS ID
100
Days Posted

Description

135 W Church Street,

Mount Airy, NC 27030

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.

This is an Pending listing.

Broker Office Phone Number: 888-440-2798

Copyright © 2024Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Refrigerator
  • Parking Lot

Price History

datePricevariancetype
5/20/2024$500,000-Contract
3/6/2024$500,000-Listed
Listing By: EXP Realty LLC Ballantyne via Data Source: Canopy MLS 
listing agent: Andrew Balogh


Located at 135 W Church Street, Mount Airy, North Carolina 27030, this Apartment is for Sale with a price of $500,000 USD. The property was built in 1925, includes 8 bedrooms, has 4 full baths. This listing has 5,300 Sq.Ft. of interior space on a lot of .36 Acres. See all Homes for Sale in Mount Airy.
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