Priced well below fair market value. This property consists of 2 buildings, 1918 & 1920 Peale. Each unit has 4 apartments, 2 stories each. Tenant pays electricity, owner pays water. Each unit has 2 in-wall heat pumps, one on each floor. Some owner financing, with acceptable offer. Contact listing agent regarding viewing the interior. Four units currently rented at $520 per month and four units rented at $500 per month. Broker is owner.
12 BR LICENSED ROOMING HOUSE ALSO INCLUDES 2 BR/1 BA HOUSE (950 ADD'L SF)FOR TOTAL OF 14 BEDROOMS WHICH ALL RENT FOR $100/WK. FULL BATH AND LARGE PORCH ON EACH FLOOR OF MAIN BUILDING. OWNER PAYS ALL UTILITIES. BUILDINGS WILL NEED CONTINIOUS MAINT. BUT HAS HUGE INCOME POTENTIAL OF $1,400/WK WHICH COMPUTES TO GROSS OF $72,800/YR. LG BLDG ON CORNER DILLARD AND UNION, HOUSE ON UNION. CLOSE TO NEW UNCG HOUSING CONSTN. CURRENT OWNERS DO NOT HAVE TIME TO MANAGE.
5-UNIT PERFORMING BRICK APARTMENT BUILDING. Each 2BR/1BA renovated in 2008 with new windows, refinished hardwood floors, new vinyl, & new roof. All HVAC systems are heat pumps with annual service. Most electrical updated in 2008. Management in place. Rents range from $495-585/mo. Proforma with $525/mo avg rent attached. NOI over $22,000, Cap Rate >10%. Commercial financing or cash sales only. Agent is owner. Call Brent Morris for more info @ 336-293-3975
Great Deal on this Brick Duplex w/2 Bedrooms, 1 Bath on Each Side. Step into Cash Flow. ($475 side A with long term tenant). One side vacant for showings. Terrific Location, Low Maintenance Exterior, & with Good Rent Rolls-Tenants want to Stay. This is part of an Estate and will need to be approved by the Trustees. Read AGENT ONLY. Buyer to verify ALL info.
Please give 24 Hour notice-Tenants! Rented at $600/month. Duplex. Measurements are for Unit 1. Unit 2 is identical. Investors! Part of package with 822 Avalon, 1103 Valley View, 1116 Avalon, 1218 Valley View.
Age: Over 50 Years Old
Amenities: Porch, Ceiling Fan, Garden
Architecture Style: Other
Cooling System: Window Unit(s) A/C
Exterior Type: Asbestos
Floor Covering: Tile, Vinyl, Wood
Heating Fuel: Natural Gas
Lot Size: 0.15 Acres
Roof Type: Unknown
Rooms: Bedroom, Dining Room, Full Bath, Kitchen, Living Room