Strong investment opportunity with significant recent capital improvements already completed! This well-maintained 13-unit apartment building features an attractive unit mix of seven 2-bedroom units, two 1-bedroom units, and four studio apartments, offering broad rental appeal and strong rental potential. Current ownership has invested approximately $325,000 in upgrades and improvements, including updated kitchen cabinets, bathroom renovations, and windows. Newer metal roof, and a newly created parking lot. With major improvements already in place, and conveniently located, this turnkey property is ideal for investors seeking strong rental potential and minimal deferred maintenance. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer entering the multifamily market, this move-in-ready building checks every box.
| MLS # | 1221880 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 159 |
| Listing Provided By | RE/MAX Executive | Jamie Purvis |
| Zoning | B2 |
|---|---|
| Acreage | 0.28 |
| Cooling | Window Unit(s) |
|---|---|
| Heating | Baseboard, Electric |
| Appliances | Electric Water Heater |
| Parking Features | Deck |
|---|
| Sewer | Public Sewer |
|---|
| Tax Annual Amount | 2630 |
|---|
| State | NC |
|---|---|
| County | Surry |
| City | Mount Airy |
| Zip Code | 27030 |
| Area | Surry |
| Listing VS Median (in 27030) | |
Price: $1,475,000 low | high Med: $265,000 On site: 159 low | high Med: 23 | |
| State | NC |
|---|---|
| County | Surry |
| City | Mount Airy |
| Zip Code | 27030 |
| Area | Surry |
| Listing VS Median (in 27030) | |
Price: $1,475,000 low | high Med: $265,000 On site: 159 low | high Med: 23 | |