Address
523 Martin Street Greensboro, NC
Price
$ 725,000
Property Attributes
  • MLS#1017652
  • TypeMulti-Family
  • CountyGUILFORD
  • CityGreensboro
  • Zip27406
  • StyleApartment
  • Year Built1950
  • Taxes2183
  • Price$ 725,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
Triad Property Managers, Llc
Data Source:
Triad Multiple Listing Service, Inc.
Property Description

Attention Investors!! Eight Unit Apt Building in excellent condition with great cash flow. Building was built with cinder block and plaster - making a safe and practically indestructible building! Refinished Hardwood Floors. All new Electrical and Plumbing in 2005. Was also part of the Lead Safe Program with new windows and doors. Close to downtown, universities, and adjacent to Bennett College. All units are 2 Bed and 1 Bathroom. Each unit comes with Smooth-top Stove, Refrg., DW, Built-in Microwave, Disposal and Clothes Washer/Dryer. New rent rate is $750 per month - 8 to 9% Cap Rate. And 98% occupancy in 2020. Don't miss out on this one!!

Price History
3/24/2021 Listed $725,000

General Features

Appliances Water Heater: Electric
Association Y/N No
Construction Materials Stucco
Cooling Central Air
Exterior Features Balcony
Flooring Wood
Heating Forced Air, Electric
Pool Features None
Pool Y/N No
Property SubType Apartment
Property Type Residential Income
Sewer Public
Stories 2

Interior Features

Energy Features Insulated Doors, Insulated Windows
Heating Fuel Electric
Laundry Features Washer/Dryer Connection
Total Heated Finished SqFt Range 0 - 0
Water Heater Electric

Exterior Features

Acres Range 0 - 0
Lot Dimensions 60x130x60x130
Lot Features City Lot
Lot Size Acres 0.18
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 27406

Price
AVG $420K
$730K
Taxes
AVG $1,610
$2,183
Visits
AVG 330
74
Year Built
AVG 1961
1950

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