$750,000
$625,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
6,174 SqFt
SOLD DATE : 06/28/2023
Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,174 sqft
Price per Sqft $121
MLS Listing ID 100380841
Sold Date 06/28/23
HOA Y/N No
Year Built 1952
Lot Size 0.870 Acres
Acres 0.87
Lot Dimensions 175x215
Property Sub-Type Multi Family
Source Hive MLS
Property Description
Turn-key 9-unit multifamily conveniently located off of Ramsey St., near the Cape Fear River Trail. All units are currently leased (LOW TURNOVER HISTORY), are metered for water, sewer, and electricity separately, and property management is in place. 7-unit is brick and wood siding with identical, spacious 1 bedroom/1 bath units. 1 unit was updated in 2022 with new flooring, paint, bathroom vanity, and lighting. The other units have not been updated because they have had long-term tenants. The duplex is 2 bed/1 bath on each side and features hardwood floors, vinyl flooring in the kitchen, and original bathroom tile. ALL ONE PARCEL! There is room to raise rents to the current market value. Please do not visit the property or disturb the tenants.
Location
State NC
County Cumberland
Community Other
Zoning SF6
Direction From Ramsey St, turn onto Eastwood Ave. The complex is on the right about 1/4 mile.
Rooms
Basement None
Interior
Heating Other, Electric
Cooling Other
Flooring Carpet, Tile, Vinyl, Wood
Exterior
Parking Features Private, Parking Lot, Off Street, On Site
Utilities Available Electricity Connected, Phone Available
Amenities Available None
Roof Type Shingle
Building
Water Public
New Construction No
Others
Tax ID 0438793614000
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
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