$205,000
$225,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
113 S Gilmer ST Mount Airy, NC 27030
Key Details
Sold Price $205,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1110434
Sold Date 06/06/24
HOA Y/N No
Originating Board Triad MLS
Year Built 1920
Property Description
Attention investors, builders, and developers! This is a "shovel ready" fully designed, engineered, and permitted 11 unit apartment building upfit opportunity. Plans call for 9 one-bedroom units and 2 two-bedroom units. This property is nationally recognized as a historic building and has significant historic tax credit potential for the new owner. The historic tax credit application is in process. Sale includes all plans including survey, site plan, civil engineering, architecture, construction documents, interior design plans, and historic tax credit application. Excess land for parking lot is also included in the sale. Priced at less than $21,000 per unit to give the future owner an opportunity for plenty of upside in the deal.
Location
State NC
County Surry
Interior
Heating None, No Fuel
Cooling None
Exterior
Pool None
Parking Type Deck, On Street
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
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Bought with nonmls