135 W Church Street Mount Airy, NC 27030
Listing Courtesy of: Coldwell Banker Realty / Robert Mason - Contact:  336-428-0230

  135 W Church Street Mount Airy, NC 27030

Active (49 Days)
$500,000
8
BED
4
BATH
5,300
SQFT

Description

Rare multifamily investment opportunity! Fully occupied cash flowing 4 unit apartment building located in a prime location right off S Main St just two blocks from Downtown Mount Airy. Historic building with full brick exterior. Priced at a 9% cap rate based on current in place rents and expenses. Three units are long term leases and one unit is month to month. Recent renovations include new roofing, plumbing updates, bathroom updates, fresh paint and landscaping. Each unit features 2 beds, 1 bath and a den. Each unit is sub-metered for power and water/sewer. Tenants pay for all utilities except trash collection. Units have in-unit washer and dryer connections. Off street parking lot located in rear of property. Basement features full height ceilings. Financials available with proof of funds from prospective purchaser. Interior photos available upon request. Please do not disturb tenants.

MLS #:
4116499
Lot Size
0.36 acres
Type
Multifamily
Year Built
1925
County
Surry County

Listed By

Robert Mason, Coldwell Banker Realty, Contact: 336-428-0230
Source
CANOPY MLS - IDX as distributed by MLS Grid
Last checked May 3 2024 at 8:03 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Property Features
  • Foundation: Basement
Heating and Cooling
  • Baseboard
  • Electric
  • Window Unit(s)
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
Parking
  • Parking Lot
Living Area
  • 5,300 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 5/3/24 01:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.