$1,250,000
$1,295,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
20 Beds
10 Baths
8,320 SqFt
SOLD DATE : 10/16/2024
Key Details
Sold Price $1,250,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,320 sqft
Price per Sqft $150
MLS Listing ID 4146727
Sold Date 10/16/24
Bedrooms 20
Full Baths 10
Abv Grd Liv Area 8,320
Year Built 1974
Lot Size 0.750 Acres
Acres 0.75
Property Description
*Prime Investment Opportunity in Multi-Unit Building*
Discover a golden opportunity with this multi-unit building, just steps away from a renowned hospital, bustling shopping centers, and a variety of top-rated restaurants, this property offers convenience and lifestyle benefits.
Each of the 10 units features two bedrooms and one full bath, providing comfortable living spaces for tenants. Additionally, each unit comes equipped with its own washer and dryer, adding a valuable amenity for residents. Fully rented and with current rents below market value, there is significant room for income growth, making this an exceptional addition to your portfolio. The well-maintained units ensure minimal upkeep, allowing you to focus on maximizing your return on investment. Don’t miss out on this rare chance to own a high-potential property in a thriving area. Back on market unrelated to property.
Location
State NC
County Forsyth
Zoning RM12
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace false
Appliance Dishwasher, Electric Oven
Exterior
Parking Type Parking Lot
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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1876 Shady Ln, Newton, Carolina, 28658, United States