$459,900
250 Clyde Hayes Road, Lowgap, NC 27024
MLS #: 1134413
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.
This home for sale with bedrooms and 0 bathrooms has 0 sq/ft is located at 135 W Church Street, Mount Airy, NC 27030 and has a list price of $500,000. This property is located in Surry County on 0.00 acres.
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135 W Church Street, Mount Airy, NC 27030
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