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7,840 Sqft Lot
SOLD DATE : 05/31/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision North Cameron Park
MLS Listing ID 1138899
Sold Date 05/31/24
HOA Y/N No
Year Built 1920
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Duplex
Source Triad MLS
Property Description
This investment property has been priced to allow for an investor to purchase as a turn-key long-term rental property that is already cash flowing. Total rent is $2000/month. Tenants are already in place with an option to keep the current property manager in place. Top unit is 3 beds/1 bath and is currently renting at $1200/month until 1/31/25. Lower level is in the finished basement w/ a separate entrance and it is 1 bed/1 bath and currently renting for $800/month until 11/30/24. Each unit has separate utility meters. Photos of the top unit are from before it was occupied. This property is not currently permitted as a duplex, but can continue to operate as-is if marketed as a SFR for rent. Buyer can also apply for re-zoning or a special use permit. Showings will only be conducted if acceptable terms of agreement can be reached to minimize the impact on current tenants. Porch/deck/stairs in the rear may need repairs/replacing. See MLS attachments for disclosures, leases, and pro forma.
Location
State NC
County Forsyth
Interior
Heating Baseboard, Forced Air, Electric, Natural Gas
Cooling Central Air
Exterior
Pool None
Building
Sewer Public Sewer
Water Public
Architectural Style Two Story
New Construction No
Others
Special Listing Condition Owner Sale
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