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48708 Highway 52, Richfield, NC 28137

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For Sale

$1,800,000

8 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 8 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

12 All brick buildings with 23 apartment units, approximately 21,900 heated square feet, on 8 acres, zoned Highway Business, average yearly operating income $212,676, average yearly expenses $102,452.58, average net income $110,223. 16 of the 23 units have been renovated with heat pumps, replacement windows, LVP flooring, paint, & fixtures. There's room to build additional buildings & units if desired. Property is serviced by public water supply & on site private sewer treatment system. Great location right on Highway 52 just outside Phifer University & near Hwy 49 with quick commute to Kannapolis, Concord, & Charlotte NC.
MLS# 4293669

Courtesy Of Wallace Realty Co.

(704) 636-2021

Property Features

  • Age
    Over 50 Years Old
  • Lot Size
    8 Acres

Map and Directions

Directions to 48708 Highway 52, Richfield, NC 28137
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Home seller CENTURY 21 Towne & Country

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Towne & Country

(704) 637-7721
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