Bought with Chanticleer Properties LLC
$2,325,000
$2,400,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/29/2022
Key Details
Sold Price $2,325,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2428302
Sold Date 04/29/22
Originating Board Triangle MLS
Year Built 1972
Annual Tax Amount $4,900
Property Description
These 24 units feature brick exteriors and a mix of 10x 1-bed ($725 market) and 14x 2-bed units ($850 market). $19,150 gross potential rent. Great location off Main Street in Graham. Current ownership renovated four units and raised rents over the last year, but there is an opportunity to continue raising lagging rents and push rents higher with strategic improvements. Owner pays water. SEE AGENT REMARKS FOR SHOWINGS AND TO REQUEST DETAILS.
Location
State NC
County Alamance
Direction From S Main St., turn west onto Florence St and property is on the right.
Interior
Heating Electric
Cooling Central Air, Heat Pump
Flooring Carpet, Vinyl, Tile
Exterior
Parking Type Off Street
Garage No
Private Pool No
Building
Faces From S Main St., turn west onto Florence St and property is on the right.
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
New Construction No
Schools
Elementary Schools Alamance - S Graham
Middle Schools Alamance - Graham
High Schools Alamance - Graham
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