720 Dillard St, Greensboro, NC 27403
3 Unit Apartment Building | $600,000 ($200,000/Unit) | 7.85% Cap Rate | Greensboro, NC 27403
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $600,000
- Property Type
-
Multifamily
- Square Feet
- 44,000 SF
Listing Contacts
Roberta Brinkley
Verified Profile
- Property Info
Property Overview
CONTRACT FELL THROUGH BACK ON MARKET
INVESTMENT OPPORTUNITY
45 DAY CLOSINGS
DD MONEY
AS IS!!! A 12 room rental property, rooms are rented on an individual basis. Potential to increase to 15 rooms. High demand for individual rooms performs very well. On first floor is 5 bedrooms, 1 bath, 1 kitchen and porch. On second floor is 5 bedrooms, 1 bath, 1 kitchen and porch. 2nd Home is set on Union Street with 3 bedroom 1 bath. This is a great property to purchase; you can reside in single family and rent 2 family out. Occupied/SOLD AS IS. No leases. Seller willing to give 2 Day Notices at an agreed upon time at after home inspection/appraisal if Buyer wants the tenants out of the home. 720 has 12 rooms and 9 rooms can be rented per City. 816 has 3 bedrooms 1 bath, kitchen and rear screened in porch. Buyer to verify. 12 units property in Greensboro, NC offered for sale at 8% cap rate. Has possibility of 15 units with approved waiver from City of Greensboro to add approximately $20,000.00 gross annual rent.
INVESTMENT OPPORTUNITY
45 DAY CLOSINGS
DD MONEY
AS IS!!! A 12 room rental property, rooms are rented on an individual basis. Potential to increase to 15 rooms. High demand for individual rooms performs very well. On first floor is 5 bedrooms, 1 bath, 1 kitchen and porch. On second floor is 5 bedrooms, 1 bath, 1 kitchen and porch. 2nd Home is set on Union Street with 3 bedroom 1 bath. This is a great property to purchase; you can reside in single family and rent 2 family out. Occupied/SOLD AS IS. No leases. Seller willing to give 2 Day Notices at an agreed upon time at after home inspection/appraisal if Buyer wants the tenants out of the home. 720 has 12 rooms and 9 rooms can be rented per City. 816 has 3 bedrooms 1 bath, kitchen and rear screened in porch. Buyer to verify. 12 units property in Greensboro, NC offered for sale at 8% cap rate. Has possibility of 15 units with approved waiver from City of Greensboro to add approximately $20,000.00 gross annual rent.
Property Details
- Class
- B
- Year Built
- 1990
- Stories
- 3
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 3
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