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135 W Church Street

Mount Airy, NC 27030
  • $500,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 1134413
$500,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 0 - 0
    SQFT
Type:
Multi-Family
Built:
1925
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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Listing information © 2024 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Lewis & Clark, Realtors® are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2024-04-24T23:31:04.493.
www.lewisclarkrealtorsgso.com/homes/148315783
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135 W Church Street Mount Airy, NC 27030

  • Price: $500,000
  • Status: Active
  • On Site: 49 Days
  • MLS #: 1134413
0
Beds
0
Baths
0
½ Baths
0.36
Acres
0 - 0
SQFT
1925
Built
County:
Surry
Area:
Surry
Elementary School:
Tharrington/Jones
Middle School:
Mt Airy
High School:
Mt Airy
Property Description
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.
Exterior Features

Construction Materials Brick Exterior Features Balcony Lot Features City Lot Parking DeckPavedOn Street Style Two Story

Interior Features

Appliances Electric Water Heater Cooling Window Unit(s) Flooring TileWood Heating BaseboardElectric

Property Features

Association YN No Built Information Existing City Limits YN Yes Heating Fuel Electric Laundry Features Washer/Dryer Connection Listing Terms CashConventional1031 ExchangeFHA Pool Features None Pool YN No Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions Owner Sale Water Heater Electric Water Source Public

Listing information © 2024 Triad MLS, Inc. All rights reserved. Listing provided courtesy of eXp Realty LLC: . Information deemed reliable but not guaranteed.


Listing information © 2024 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Lewis & Clark, Realtors® are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2024-04-24T23:31:04.493.
 
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Lewis & Clark, Realtors®
1016 N. Elm Street
Greensboro NC, 27401