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$ 350,000
Est. payment /mo
Active
118 W Murphy ST Madison, NC 27025
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1224558
HOA Y/N No
Property Sub-Type Investment
Source Triad MLS
Property Description
Investment opportunity in downtown Madison. Renovation of (4) apartments is complete and all are rented. This opportunity provides income from (2) one bedroom and (2) studio apartments. Each unit has new electrical, plumbing, flooring, kitchens and HVAC systems. This building has value added potential for up to 4 additional apartments for a total of eight units. In addition, there is retail space, with a separate entrance that has outstanding visibility from the street and excellent rental possibilities. Great opportunity for the owner to receive income from both the residential and retail sides.
Apartments are rented. All showings will be coordinated by the listing agent with the seller.
All offers subject to approval by seller and mortgage holder.
Apartments are rented. All showings will be coordinated by the listing agent with the seller.
All offers subject to approval by seller and mortgage holder.
Location
State NC
County Rockingham
Building
Lot Description City Lot
Sewer Public Sewer
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Liz Eckler • Realty One Group Results Reidsville
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