Excellent opportunity featuring an 8-unit complex conveniently located near downtown shopping, dining, & local amenities. Each spacious unit features 2 bedrooms, 1 full bath, a kitchen with breakfast area, separate dining room, and a generously sized living room. All units include a refrigerator & free-standing range/oven, & each apartment has its own individual heat pump. Some units have been updated with durable LVP flooring, while others still maintain carpeted areas, offering future value-add potential. Designated parking spaces along with additional street parking for tenants and guests.The property has a strong rental history with most tenants being long-term. Current rental rates range $625 to $950 per month, presenting an excellent opportunity for increased cash flow with future rent adjustments. Whether you are looking to expand your portfolio or purchase your first multifamily investment, this property offers stability, convenience, and upside potential.
Listed By
Agency Name: Realty One Group Results Greensboro
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimated Payment
$ 3,340.38 per month $3,166.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $173.54 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
403 Gilmer Street Extension | MLS# 1220578
This multi-family property located at 403 Gilmer Street Extension , Reidsville, NC 27320 is currently listed for sale with an asking price of $595,000. Search Reidsville real estate on www.lakenormanrealty.com today.