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1722 Brice Street, Greensboro, NC 27403

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For Sale
Sale Pending

$1,335,000

24 beds • 24 baths • 11,520 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $115.89
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

This 12-unit, 24-bedroom property is located within walking distance to the University of North Carolina at Greensboro and within minutes of multiple retail, dining, entertainment and employment centers. The property features identical two-bedroom and two-bathroom units that were last renovated in 2017. Ownership just completed an operational conversion from by-the-bed leases, to by-the-unit leases. The property is now 100% leased with an average rent of $1,125 per unit. With units now leased by-the-unit, a buyer will benefit from simplified operations on a go-forward basis and has the opportunity to push rents and capture utility income next summer. The offering represents a great opportunity to acquire a stabilized asset, with income upside, in one of North Carolina's growing markets.
MLS# 10122059

Courtesy Of Deaton Investment Real Estate

(919) 847-1117

Property Features

  • Age
    31-40 Years Old
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Vinyl, Concrete
  • Lot Size
    1.21 Acres

Map and Directions

Directions to 1722 Brice Street, Greensboro, NC 27403

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CENTURY 21 Total Real Estate Solutions

(336) 887-4599
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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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.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.