Great Investment opportunity! Seller's loss is your gain! This 20-unit townhome style complex stays full. Nearly all units have recently~ within the last 5 years or so~ been updated with LVP flooring throughout, fresh paint, new cabinets and vanities, roof replaced in 2022. Current rents around $700 per unit~ 100% occupied. There is a wonderful local management company that handles leasing, tenant issues, repairs, maintenance, etc. Showings only after executed contract. Please contact listing agent for NDA to receive financial data. DO NOT DISTURB TENANTS
Sellers are requesting an NDA for rent roll release. NDA can be found in attachments
Listed By: Anne Cullon, ERA Live Moore
$829,900 (USD)
Rockwell Area Multi-Family Residence
Pending
107 W Main Street Rockwell, NC 28138
16 Bed
11 Baths
12000 sqft
MLS# 4387667
This property is definitely a unique opportunity! The front of the building facing Main St has a dance studio that has been a community staple for over 20 years! There are also 8 offices with common area and restrooms. The back of the building has 8 apartments each 2 bed 1 bath. These units stay full! Additionally, most of the units have been updated within the last 5 years with new LVP flooring, fresh paint, and new cabinets and vanities. All windows have been replaced within the last year or are in the process of being replaced. Currently one apartment is being renovated with a tenant ready to move in as soon as its complete.
Sellers are requesting an NDA for rent roll release. NDA can be found in attachments
Sellers are requesting an NDA for rent roll release. NDA can be found in attachments