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$ 750,000
Est. payment | /mo
0.94 Acres Lot
$ 750,000
Est. payment | /mo
0.94 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1204884
HOA Y/N No
Year Built 1996
Lot Size 0.940 Acres
Acres 0.94
Property Sub-Type Apartment
Source Triad MLS
Property Description
INVESTOR ALERT! Archdale apartment complex for sale by original builder. Two buildings with a total of 7 units. Each unit is 2 Bedrooms and 1 Bathroom. The owner pays for the sewer (monthly average $347), trash (monthly dumpster fee ranges $125-$175), mowing and outdoor lighting ($27 per month). $5,850 gross monthly rental with no vacancies. Unit A: $775 per month, currently month to month. Unit B: $850 per month, VACANT. Unit C: $875 per month, lease expires 7/31/26. Unit E: $800 per month, lease expires 2/28/26. Unit F: $800 per month, lease expires 11/30/26. Unit G: $875 per month, currently month to month. Unit H: $875 per month, lease expires 9/30/26. (Tax card reflects 3 addresses due to mobile homes being on the property when purchased. Removed when apartments built.) (PHOTOS ARE OF UNIT#B)
Location
State NC
County Randolph
Interior
Heating Forced Air, Electric
Cooling Central Air
Appliance Electric Water Heater
Exterior
Pool None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Karen P Allred of Allred & Company, REALTORS
907 Country Club Dr, Lexington, NC, 27292, United States
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