$405,000

1746 & 1748 S Scales St

Reidsville NC, 27320

Description

Located on tree lined South Scales street and within walking distance of Country Club, shopping and restaurants is a beautiful two story 8 unit complex with an adjacent house 100% occupied with long term tenants. Well maintained throughout the building and grounds. FOUR units offer 2BR, 1.5 bath, washer/dryer hook up. FOUR units offer 1BR, 1Bath, washer/dryer hookup. All appliances provided by landlord. Owner in process of replacing roof on apartments. Ask to see feature sheet for income and standard expenses. The tenants have lived in the units so long that the owner chose to keep their rents from going up drastically over the years. 1746 S. Scales Street house has 30 year tenant in place at $450 per month five year lease due to tenant's age, the tenant maintains their own grounds and pays all utilities (see letter from seller attached). SELLER RESERVES STORAGE BUILDING.

Details

MLS#000765
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1972
Days On Site29

Features

SQ Feet7,442
Units8
Building(s)1

Market Activity 27320

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Area Information
StateNC
CountyRockingham
CityReidsville
Zip Code27320
AreaRockingham
Listing VS Median (in 27320)
Price:
$405,000
low | high
Med:
$132,500
100% of Average
SqFt:
7,442
low | high
Med:
1,352
100% of Average
$ / SqFt:
$54
low | high
Med:
$102
37.537273544298% of Average
On Site:
29
low | high
Med:
37
78.378378378378% of Average
Listing Updated: November 24, 2020 8:03:04 PM PST
Teresa S. Knowles LogoMLS Number: 000765
Listing Provided By:
Teresa S. Knowles  of  CENTURY 21 THE KNOWLES TEAM
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