528 Mitchell Avenue

    Salisbury, NC 28144
    • $639,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: 3470125
    UPDATED: 75 min ago
    $639,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 2,159
      SQFT
    • $296
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Offered by Helen Adams Realty. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.

    Description

    BIG OPPORTUNITY - Rents are going up & the list price has gone down = higher CAP Rate for the buyer! Immediate cash flow this portfolio. Total 25 single family homes can be purchased in full portfolio or sold in groups of 4-6 homes. MLS #s are: 3470091, 3470111, 3470121 & 3470128. Properties rented w/ history of steady tenants. Seller renovated, rehabbed & maintained for lower maintenance costs & good rent rates. List price = 5 single family home listed as units w/ details below. Sold in "as is, where is" condition. Inspections available upon request. Tenant occupied. No showings until contract acceptance. See size & rent rates in pictures & flyer on full portfolio in pictures & attachments.List Property is 2159 sq ft and rents for $1425.1st Unit is 1102 Desoto Ave Kannapolis, NC.2nd Unit is 3460 Hickory Pl Salisbury, NC.3rd Unit is 425 Maupin Ave Salisbury, NC.4th Unit is 711 W Rice St Landis, NC.Disclosures in attachments

    Monthly Payment Calculator



    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither RE/MAX Journey nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Carolina Multiple Listing Services, Inc. Data last updated 2019-02-17T18:58:51.933.

    Digital Millennium Copyright Act
    www.journeyrealtync.com/homes/91488453

    528 Mitchell Avenue Salisbury, NC 28144

    • Price: $639,000
    • Status: Active
    • Updated: 75 min ago
    • MLS #: 3470125
    4
    Beds
    2
    Baths
    1
    ½ Baths
    N/A
    Acres
    2,159
    SQFT
    $296
    $/SQFT
    1910
    Built
    Neighborhood:
    None
    County:
    Rowan
    Area:
    Salisbury
    Elementary School:
    Unspecified
    Middle School:
    Unspecified
    High School:
    Unspecified
    Property Description
    BIG OPPORTUNITY - Rents are going up & the list price has gone down = higher CAP Rate for the buyer! Immediate cash flow this portfolio. Total 25 single family homes can be purchased in full portfolio or sold in groups of 4-6 homes. MLS #s are: 3470091, 3470111, 3470121 & 3470128. Properties rented w/ history of steady tenants. Seller renovated, rehabbed & maintained for lower maintenance costs & good rent rates. List price = 5 single family home listed as units w/ details below. Sold in "as is, where is" condition. Inspections available upon request. Tenant occupied. No showings until contract acceptance. See size & rent rates in pictures & flyer on full portfolio in pictures & attachments.List Property is 2159 sq ft and rents for $1425.1st Unit is 1102 Desoto Ave Kannapolis, NC.2nd Unit is 3460 Hickory Pl Salisbury, NC.3rd Unit is 425 Maupin Ave Salisbury, NC.4th Unit is 711 W Rice St Landis, NC.Disclosures in attachments
    Exterior Features

    Construction Type Site Built Driveway Other Exterior Construction Other Exterior Features Other - See Media/Remarks Foundation Other - See Media/Remarks Lot Description Other - See Media/Remarks Parking Other Style Other

    Interior Features

    Equipment Other - See Media/Remarks Fireplace Description Other Floor Coverings Other - See Media/Remarks Heating Other - See Media/Remarks Laundry Location Other Property Features Other Sq Ft Basement 0

    Property Features

    Agent Owner No Community Features Other Construction Status Complete Multifamily Type Other New Construction No Sewer City Sewer Special Conditions None Tenant Responsibilities All Utilities Water City Water Water Heater Other Zoning R



    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither RE/MAX Journey nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Carolina Multiple Listing Services, Inc. Data last updated 2019-02-17T18:58:51.933.

    Digital Millennium Copyright Act
     
    RE/MAX Journey
    141 Laurel Hill Dr Ste 6
    Rutherfordton NC, 28139
    Offered by Helen Adams Realty. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.