NC > Richfield
Richfield, NC 28137,48708 Highway 52 HWY
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Richfield, NC 28137,48708 Highway 52 HWY
Richfield, NC 28137,48708 Highway 52 HWY
Richfield, NC 28137,48708 Highway 52 HWY
Richfield, NC 28137,48708 Highway 52 HWY
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Victor Wallace

Victor Wallace

+1(704) 202-7508
$ 1,800,000
Est. payment /mo
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Active

48708 Highway 52 HWY Richfield, NC 28137

37 Beds

24 Baths

21,900 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 21,900 sqft

Price per Sqft $82

MLS Listing ID 4293668

Bedrooms 37

Full Baths 24

Abv Grd Liv Area 21,900

Year Built 1969

Lot Size 8.000 Acres

Acres 8.0

Property Sub-Type Apartment

Property Description

12 All brick buildings with 23 apartment units, approximately 21,900 heated square feet, on 8 acres, zoned Highway Business, average yearly operating income $212,676, average yearly expenses $102,452.58, average net income $110,223. 16 of the 23 units have been renovated with heat pumps, replacement windows, LVP flooring, paint, & fixtures. There's room to build additional buildings & units if desired. Property is serviced by public water supply & on site private sewer treatment system. Great location right on Highway 52 just outside Phifer University & near Hwy 49 with quick commute to Kannapolis, Concord, & Charlotte NC.

Location

State NC

County Stanly

Zoning H-B

Interior

Heating Forced Air, Heat Pump

Cooling Central Air

Appliance Electric Range

Laundry In Unit

Exterior

Utilities Available Electricity Connected, Underground Utilities

Roof Type Architectural Shingle

Street Surface Asphalt,Gravel,Paved

Garage false

Building

Lot Description Cleared, Level

Dwelling Type Site Built

Foundation Crawl Space

Sewer Private Sewer

Water City

Structure Type Brick Full

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Yes

Senior Community false

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Special Listing Condition None

© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Keith Knight • Wallace Realty • keitheknight@gmail.com
Victor Wallace

Victor Wallace

President | License ID: 41896

+1(704) 202-7508

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48708 Highway 52 HWY