Mount Airy, NC 27030,135 W Church ST
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Mount Airy, NC 27030,135 W Church ST
Mount Airy, NC 27030,135 W Church ST
Mount Airy, NC 27030,135 W Church ST

$450,000

Est. payment /mo

$500,000

10.0%
Est.Price: ?

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135 W Church ST Mount Airy, NC 27030

0.36 Acres Lot

SOLD DATE : 08/01/2024

Key Details

Sold Price $450,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1134413

Sold Date 08/01/24

HOA Y/N No

Originating Board Triad MLS

Year Built 1925

Lot Size 0.360 Acres

Acres 0.36

Property 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.

Location

State NC

County Surry

Interior

Heating Baseboard, Electric

Cooling Window Unit(s)

Flooring Tile, Wood

Appliance Electric Water Heater

Laundry Washer/Dryer Connection

Exterior

Exterior Feature Balcony

Pool None

Parking Type Deck, Paved, On Street

Building

Lot Description City Lot

Sewer Public Sewer

Water Public

Architectural Style Two Story

New Construction No

Schools

Elementary Schools Tharrington/Jones

Middle Schools Mt Airy

High Schools Mt Airy

Others

Special Listing Condition Owner Sale

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Triad MLS
Listed by eXp Realty LLC
Bought with Main St. Brokers Real Estate

Victor Wallace

President | License ID: 41896

+1(704) 202-7508

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