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135 W Church Street,  Mount Airy  (27030)

$500,000

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PROPERTY DETAILS

Address: view address
Mount Airy, NC 27030
Map Location
Features: Balcony
Lot Size:15,681 sq. ft. (0.36 acres)Year Built:1925
Styles:Two StoryProperty Type:Apartment
County:SurryList Date:2024-03-06
Listing Number:1134413Listed By:eXp Realty LLC

PROPERTY DESCRIPTION

Rare multifamily investment opportunity! Fully occupied cash flowing 4 unit apartment building located in a prime location right off S Main St just two blocks from Downtown Mount Airy. Historic building with full brick exterior. Priced at a 9% cap rate based on current in place rents and expenses. Three units are long term leases and one unit is month to month. Recent renovations include new roofing, plumbing updates, bathroom updates, fresh paint and landscaping. Each unit features 2 beds, 1 bath and a den. Each unit is sub-metered for power and water/sewer. Tenants pay for all utilities except trash collection. Units have in-unit washer and dryer connections. Off street parking lot located in rear of property. Basement features full height ceilings. Financials available with proof of funds from prospective purchaser. Interior photos available upon request. Please do not disturb tenants.

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Interior

Electric Heat:YesTile Flooring:Yes
Washer/Dryer Hookup:YesWood Floors:Yes

Exterior

Balcony:YesBrick Exterior:Yes
Style:Two StoryUnits In Project:4.00

Property and Lot Details

Elementary School:Tharrington/JonesHigh School:Mt Airy
Lot Acres:0.36Middle School:Mt Airy
Public Sewer:YesPublic Water:Yes
Taxes:2,032.00Transaction Type:Sale
Year Built:1925

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: eXp Realty LLC