Description
BACK ON MARKET; NO FAULT OF THE SELLER OR PROPERTY! Seller is Offering a $10,000 Concession for Rate Buy-Down!! Here is the investment property you've been looking for! 3-unit property in a 'Class A' location and immediate cashflow; fully leased!! Walking distance to UNC and tons of updates throughout the property over the last 8-years including HVAC, roof, fire sprinkler system, new bathrooms & kitchens; too many to list! Solid attorney-prepared leases in place. There is income potential with the common/flex room and ability to add coin-op laundry. Upper unit (8-bed) leased through 4/30/23 at $4,000/month, Front unit (6-bed) leased through 5/31/23 at $2,700/month, Basement unit (1-bed) lease through 5/31/23 at $950/month. Landlord is currently paying water, sewer, trash, electric. Buyer to verify all stated listing data including schools, square footage, zoning, etc.
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15BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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10,435SQFT
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$91$/SQFT
School Information
Description
BACK ON MARKET; NO FAULT OF THE SELLER OR PROPERTY! Seller is Offering a $10,000 Concession for Rate Buy-Down!! Here is the investment property you've been looking for! 3-unit property in a 'Class A' location and immediate cashflow; fully leased!! Walking distance to UNC and tons of updates throughout the property over the last 8-years including HVAC, roof, fire sprinkler system, new bathrooms & kitchens; too many to list! Solid attorney-prepared leases in place. There is income potential with the common/flex room and ability to add coin-op laundry. Upper unit (8-bed) leased through 4/30/23 at $4,000/month, Front unit (6-bed) leased through 5/31/23 at $2,700/month, Basement unit (1-bed) lease through 5/31/23 at $950/month. Landlord is currently paying water, sewer, trash, electric. Buyer to verify all stated listing data including schools, square footage, zoning, etc.
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