$1,100,000

700 Ann Street

Rockingham NC, 28379

Description

Multi family apartment complex conveniently located in Rockingham's Historic District with two years of proven rental history for renovated units, no vacancies. Ready for a general contractor/investor to renovate the remaining 5 buildings to triple the earning potential. Unique opportunity to have the security of 8 income producing rental units, while completing renovations on remaining units. Lots of open land available to add ramadas, garden area, etc. 8- 2 Bed, 1 Bath units renovated in 2017. Granite Countertops, Mosaic Tile Backsplash, & Stainless Appliances.Potential for ~20 additional units in remaining 5 buildings after renovations.

Details

MLS#197809
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1941
Days On Site283

Features

Units29
Building(s)1
Loading Form
Loading Form
Area Information
StateNC
CountyRichmond
CityRockingham
Zip Code28379
Listing VS Median (in 28379)
Price:
$1,100,000
low | high
Med:
$52,850
100% of Average
On Site:
283
low | high
Med:
187.5
100% of Average
Listing Updated: 09/18/2020
Melissa A Mulloy LogoMLS Number: 197809
Listing Provided By:
Melissa A Mulloy  of  Towering Pines Real Estate