$335,000
$323,334
3.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1.5 Baths
1,162 SqFt
SOLD DATE : 01/03/2020
Key Details
Sold Price $335,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,162 sqft
Price per Sqft $288
MLS Listing ID 3519656
Sold Date 01/03/20
Style Other
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1959
Property Description
Fabulous investor opportunity! Over 11% Gross CAP, tenant occupied & well maintained. These 4 properties are part of a larger 18 home portfolio. More homes may be purchased if desired. List price = 4 single family homes listed as units w/ details below. List Property is 1162 sq ft and rents for $900. 1st Unit is 602 W Council St Salisbury, NC. 2nd Unit is 621 N Fulton St Salisbury, NC. 3rd Unit is 202 N Merritt Ave Salisbury, NC. Properties are rented w/ history of steady tenants. Seller has renovated, rehabbed & maintained for lower maintenance costs & good rent rates. Sold in "as is, where is" condition. Inspections available upon request. Tenant occupied. No showings until contract acceptance. See size & rent rates in pictures & flyer on full portfolio in pictures & attachments. Disclosures for all properties are in attachments. See MLS#'s: 3519635, 3519641, 3519645, 3519650 & 3519666.
Location
State NC
County Rowan
Interior
Heating See Remarks
Flooring See Remarks
Appliance Other
Laundry Other
Exterior
Exterior Feature Other
Community Features Other
Waterfront Description Other
Street Surface Other
Building
Lot Description See Remarks
Building Description Other, Other
Foundation See Remarks
Sewer Other
Water Public
Architectural Style Other
Structure Type Other
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Yes
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Todd Brower • RE/MAX Executive
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