$725,000
$725,000
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523 Martin ST Greensboro, NC 27406
7,840 Sqft Lot
Key Details
Sold Price $725,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1017652
Sold Date 07/14/21
HOA Y/N No
Year Built 1950
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Apartment
Source Triad MLS
Property Description
Attention Investors!! Eight Unit Apt Building in excellent condition with great cash flow. Building was built with cinder block and plaster - making a safe and practically indestructible building! Refinished Hardwood Floors. All new Electrical and Plumbing in 2005. Was also part of the Lead Safe Program with new windows and doors. Close to downtown, universities, and adjacent to Bennett College. All units are 2 Bed and 1 Bathroom. Each unit comes with Smooth-top Stove, Refrg., DW, Built-in Microwave, Disposal and Clothes Washer/Dryer. New rent rate is $750 per month - 8 to 9% Cap Rate. And 98% occupancy in 2020. Don't miss out on this one!!
Location
State NC
County Guilford
Interior
Heating Forced Air, Electric
Cooling Central Air
Flooring Wood
Appliance Electric Water Heater
Laundry Washer/Dryer Connection
Exterior
Exterior Feature Balcony
Pool None
Building
Lot Description City Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
New Construction No
Others
Special Listing Condition Owner Sale
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Bought with Keller Williams One
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