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$400,000
-- Bed
- -- Bath
--sqft
3425 Martin Ave, Greensboro, NC 27405
$400,000
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Apartment
Built in 1962
$-- HOA
26,571.6 sqft lot
--/sqft
Description
A distressed multifamily property with potential for value addition. It comprises a total of 5 units. Two of these units are currently leased on a month-to-month basis at a rate of $950 per month. The remaining three units are vacant and have been updated with new flooring, windows, and paint. Tenants are responsible for their electric bills, (Individually metered) while the owner covers the costs of water, sewer, and trash services. The owner has indicated that no T-12 or rent rolls are available. The market rent is conservatively estimated at $1045 per month for each unit. Rent comps in documents and can be provided.
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
- sqft
Lot Size
26,571.6 sqft lot
Basement Area
- sqft
MLS Name
Triad MLS
MLS Number
1202971
MLS Status
Active
Days on Market
25
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