1722 Brice Street, Greensboro, NC 27403
Local realty services provided by:CENTURY 21 Triangle Group
1722 Brice Street,Greensboro, NC 27403
$1,300,000
- 24 Beds
- 24 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: thomas furlow
Office: deaton investment real estate
MLS#:10122059
Source:RD
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Price summary
- Price:$1,300,000
About this home
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.
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Home facts
- Year built:1990
- Listing ID #:10122059
- Added:99 day(s) ago
- Updated:December 18, 2025 at 07:48 AM
Rooms and interior
- Bedrooms:24
- Total bathrooms:24
- Full bathrooms:24
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1990
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,300,000
- Tax amount:$10,654
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