1012 Chisholm Road, Ramseur, NC 27316

$499,900

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List Price
$499,900
MLS#
1241399
Status
ACTIVE
Type
Multifamily
Subtype
Remarks
Lot Size
38,768

Property Description

Priced to sell 7 unit brick apartment complex (five unit building and duplex) on one parcel! Most multi family in the area sell for 85k+/unit, we are only asking around 71k/unit! Conveniently located off Highway 64 makes it a short drive from Asheboro and Siler City with convenient access to HWY 49, 74 and 421 which means easy access to Greensboro, Winston, High Point, Durham and Raleigh. All units are 100% occupied month to month. Rents are below market and ready to be raised/optimized. City water and sewer with separate meters paid by the occupants. Central heat and air in most units with a recently replaced system in Unit 5. Four water heaters are less than six years old, and the roof is believed to be approximately 12 years old. Have peace of mind knowing the big ticket items are already in place and functioning. Washer and dryer hookups in each unit which makes a great selling point for renters. Don't miss this opportunity to get a great deal before it's too late!

Additional Information

Acres
0.89
Appliances
Electric Water Heater
Built Information
Existing
Cooling Type
Central Air, Heat Pump, Multi Units
Environmental Hazards
No
Flooring
Carpet, Laminate, Tile, Vinyl
Heating
Heat Pump, Electric
Heating Fuel
Electric
Land Description
Cleared, Dead End, Level
Lot Description
Cleared, Dead End, Level
Lot Size
38,768
Parking
Deck, Paved
Sewer
Public Sewer
Show Street Address
Yes
Total Units
7
Water
Public
Water Heater
Electric
Year Built
1960

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Listing courtesy of Legacy Real Estate Services. Contact: