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$ 174,900
Est. payment | /mo
10,454 Sqft Lot
$ 174,900
Est. payment | /mo
10,454 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Southmont
MLS Listing ID 1238386
HOA Y/N No
Year Built 1968
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Duplex
Source Triad MLS
Property Description
Priced to sell on investment fundamentals alone. Brick duplex with two 2BR/1BA units, at $87,450 per door and about 10x gross rents. Both units are month-to-month at $650 and $795/mo ($17,340/yr gross), well below market rent, so a new owner has immediate upside at renewal or turnover. Separate entrances, rear gravel parking, laminate and vinyl.flooring throughout. Unit B is well kept; Unit A is ready for a refresh. Brick construction keeps exterior upkeep low. Sold as-is. The adjacent 1813 Willora is also listed (same owner). Occupied, so please do not disturb residents. No showings without an offer in hand. Due diligence fee will not change hands until buyer (or buyer's representative) has walked the property. Rent roll and leases on request.
Location
State NC
County Guilford
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Flooring Vinyl
Appliance Electric Water Heater
Laundry Washer/Dryer Connection
Exterior
Pool None
Building
Lot Description City Lot
Sewer Public Sewer
Water Public
Architectural Style Two Story
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Jason Coleman • eXp Realty
Nearby Locations
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Marisol Renteria
License ID: 307789