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Tools
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
10726846
Web Id
4116499
MLS ID
100
Days Posted
Description
135 W Church Street,
Mount Airy,
NC
27030
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.
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
date | Price | variance | type |
---|---|---|---|
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