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135 W Church Street
Mount Airy NC 27030 US

$500,000

Active Listing ID 1134413
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Lot: 0.36 Acres
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Apartment

$500,000

Active Listing ID 1134413
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135 W Church Street 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.

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Property Features

  • Facts
  • Lot Size: 0.36 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Balcony
  • Floor Covering: Tile, Wood
  • Heating Fuels: Baseboard

School Information

  • School
  • Tharrington/Jones(Elementary)
  • Mt Airy(MiddleSchool)
  • Mt Airy(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 500000
  • unparsedaddress: 135 W Church Street
  • postalcity: Mount Airy
  • stateorprovince: NC
  • country: US
  • postalcode: 27030
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.36
  • lotsizeunits: Acres
  • lotsizearea: 0.36
  • livingareaunits: Square Feet
  • latitude: 36.495881
  • longitude: -80.606186
  • listagentfullname: Andrew Balogh
  • listagentemail: andrew@theurbanagency.us
  • listagentkey: 3yd-TRIADNC-319667
  • listagentmlsid: 319667
  • listagentpreferredphone: 8885849431
  • listagentofficephone: 8885849431
  • listofficekey: 3yd-TRIADNC-WERL06
  • listofficemlsid: WERL06
  • disclaimer: Copyright © 2024 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRIADNC
  • yearbuilt: 1925
  • countyorparish: Surry
  • elementaryschool: Tharrington/Jones
  • highschool: Mt Airy
  • cooling: Window Unit(s) A/C
  • flooring: Tile, Wood
  • heating: Baseboard
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street, Paved or Surfaced
  • waterfrontyn: False
  • exteriorfeatures: Balcony
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.606186, 36.495881
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "Taxes":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/TRIADNC/1134413/?channel=rexren", "LeadRoutingEmail":"andrew@theurbanagency.us", "BrokerName":"eXp Realty LLC", "ListingTitle":"Two Story, Apartment - Mount Airy, NC", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"Listhub@exprealty.com", "ListOfficeAddress1":"10130 Perimeter Pkwy Ste 200", "ListOfficeAddress2":null, "ListOfficeCity":"Charlotte", "ListOfficePostalCode":"28216", "ListOfficeStateOrProvince":"NC", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"eXp Realty LLC", "ListBrokeragePhone":"(888) 584-9431", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageWebsiteUrl":null, "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"10130 Perimeter Parkway", "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageCity":"Charlotte", "ListBrokerageStateOrProvince":"NC", "ListBrokeragePostalCode":"28216", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-24T19:39:28Z"}
Listing Changed: 4/25/2024 12:37:54 AM GMT
Source Updated Date: 4/30/2024 6:49:39 AM GMT

Courtesy of: Andrew Balogh, eXp Realty LLC, andrew@theurbanagency.us

Copyright © 2024 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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