Address
135 W Church Street, Mount Airy, NC
Price
$ 500,000
Property Attributes
- ID#4116499
- TypeMulti-Family
- CountySURRY
- CityMount Airy
- AreaSurry County
- Zip27030
- Style
- Price$ 500,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage5300
- Lot Size0.36 Acres
Data Source:
Canopy MLS
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Unspecified Elementary School | Unspecified Middle School | Unspecified High School |
| Price History | |
|---|---|
| 3/7/2024 | Listed $500,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Electric |
| Cooling | Window Unit(s) |
| Appliances | Electric Range,Electric Water Heater,Refrigerator |
| Construction Materials | Brick Full |
| Pets Allowed | Conditional |
| Year Built | 1925 |
| Tenant Pays | All Utilities |
| Property SubType | Apartment |
| County | Surry |
| New Construction | No |
| Property Type | Residential Income |
| High School | Unspecified |
| City | Mount Airy |
| Total Units | 4 |
| Street Name | Church |
| Elementary School | Unspecified |
| Middle/Junior High School | Unspecified |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Construction Type | Site Built |
| Tax Assessed Value | 146950 |
Interior Features
| Above Grade Finished Area | 5300 |
|---|---|
| Full Baths | 4 |
| Street Suffix | Street |
| Laundry Features | Electric Dryer Hookup,In Unit,Washer Hookup |
| Total Bedrooms | 8 |
Exterior Features
| Parking Features | Parking Lot |
|---|---|
| Water Source | City |
| Lot Size Area | 0.36 |
| Foundation Details | Basement |
| Building Area Total | 5300 |
| Road Surface Type | Concrete,Paved |
| Lot Size Units | Acres |
| Road Responsibility | Publicly Maintained Road |
| Main Level Garage YN | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 27030
Price
Visits
Year Built
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