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$ 1,520,000
Est. payment | /mo
$ 1,520,000
Est. payment | /mo
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1222036
HOA Y/N No
Year Built 1980
Property Sub-Type Apartment
Source Triad MLS
Property Description
Investment Opportunity – 16 Apartment Units Across 2 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 16 individual apartment units located across 2 separate buildings. Each unit is individually metered for electricity, allowing tenants to pay their own electric expenses and helping reduce owner operating costs. Water is currently owner-paid. Tax value reflects all buildings together. Square footage is for both buildings. Tax value is for the 2 buildings together. Insurance is for both buildings combined for 1 year.
This multi-building property offers strong income potential, operational flexibility, and the advantage of diversified unit placement across separate structures. Ideal for investors seeking a value-add opportunity, long-term hold, or income-producing asset.
Don't miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.
This multi-building property offers strong income potential, operational flexibility, and the advantage of diversified unit placement across separate structures. Ideal for investors seeking a value-add opportunity, long-term hold, or income-producing asset.
Don't miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.
Location
State NC
County Randolph
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Flooring Vinyl
Appliance Electric Water Heater
Laundry None
Exterior
Pool None
Building
Sewer Public Sewer
Water Public
Architectural Style Two Story
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Angela Hoke • RE/MAX Executive
Nearby Locations
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