Total Real Estate LLC
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listing
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Residential IncomeFor Sale
$500,000
135 W Church Street
Mount Airy, NC 27030
Listed by: (372906) Exp Realty LLC Ballantyne, 336-428-0230
MLS: Canopy MLS
8Beds
4Baths
5,300Sq Ft
Est. Mortgage
$2,681/mo

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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Information courtesy of (372906) Exp Realty LLC Ballantyne is subject to verification and is not guaranteed.
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