Calling all Investors. Where can you find an income producing quadplex with many updates and upgrades already made but still with room for growth for under $250,000? NO WHERE! This property generates over $2400/mo gross rent at full occupancy. It has had two units fully renovated with two others that can be easily updated. One unit rented on long term lease with two others enjoying the long term benefits of month-to-month leases. This property boosts the 1% rental income-to-value ratio that all savvy investors look for. There are 4 units (1-bedroom x 3 and 2-bedrooms x 1) with spacious living areas and generously sized bedrooms. Individually metered power. No HOA and not in a flood zone. Call listing agent for more details and to make showing arrangements. Don't miss this opportunity to start making money in real estate. Please do not disturb the tenants.
MLS# | 100459851 |
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Listing Type | For Sale |
Style | Town House |
Suite Number | 1 |
Sub-Type | Resale |
Status | Active |
Year | 1920 |
Days On Site | 67 |
Listing Provided By | COLDWELL BANKER SEA COAST ADVANTAGE | Brad Goldvarg |
Bed(s) | 5 |
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Bath(s) | 4 |
N/A | 3,398 |
Basement | Y |
Story(s) | 2 |
Zoning | RES |
Acreage | 0.38 |
State | NC |
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County | Martin |
City | Williamston |
Zip Code | 27892 |
Area | Martin |
Community Name | Not In Subdivision |
School District | Riverside High School |
Elementary School | Williamston |
Middle School | Riverside |
High School | Riverside High School |
Listing VS Median (in Not In Subdivision) | |
Price: $229,000 low | high Med: $274,900 SqFt: 3,398 low | high Med: 1,295 $ / SqFt: $67 low | high Med: $212 On Site: 67 low | high Med: 34.000000 |