Property Description

Investor Gem! Turnkey 4-unit (4-1BR studios) on 0.31 acres in red-hot Enderly Park ? fully managed by PM, tenants pay every utility, and it's never sat through an extended vacancy. In-place rents still trail the market, so the Property is a 4plex multifamily, not a SFH home as listed above.Upside is baked in and ready: lease renewals on two units just came in higher for the upcoming lease year. Units 1?3 were taken down to rehab two years ago and Unit 4 sits in original condition ? an est. ~$10K refresh forces appreciation through higher rents and property value. Property has a large, unused walk in basement that could be permitted and converted to a 5th apartment.Private, exclusive parking lot ? no shared drives, no neighbor friction. New construction is trading from the low $500Ks right around the block.Walkable to the West End boom on Tuckaseegee Rd: the 27-acre Savona Mill redevelopment (Savona Food Works food hall, 300+ apartments), the $80M Lower Tuck warehouse conversion, and Station West. 10 minute walk to Stewart Creek Greenway running straight to Uptown. Quick hits to Freedom Dr, Wilkinson Blvd, I-85 and I-77.Cash flows today, added appreciation tomorrow. Buy and hold or buy for a future build ? your choice in the one neighborhood with unlimited momentum and growth!

Property Features

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