118 W Murphy ST, Madison, NC 27025
118 W Murphy ST, Madison, NC 27025
118 W Murphy ST, Madison, NC 27025
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$325,000
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Pending

118 W Murphy ST Madison, NC 27025

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Spencer Harrell

Spencer Harrell

+1(336) 281-8173

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 1224558

HOA Y/N No

Property Sub-Type Investment

Source Triad MLS

Property Description

Investment opportunity in downtown Madison. Renovation of (4) apartments is complete. This opportunity provides income from (2) one bedroom and (2) studio apartments. Each unit has new electrical, plumbing, flooring, kitchens and HVAC systems. This building has value added potential for up to 4 additional apartments for a total of eight units. In addition, there is retail space, with a separate entrance that has outstanding visibility from the street and excellent rental possibilities. Great opportunity for the owner to receive income from both the residential and retail sides.
Apartments rent well. All showings will be coordinated by the listing agent with the seller.
All offers subject to approval by seller and mortgage holder.

Location

State NC

County Rockingham

Building

Lot Description City Lot

Sewer Public Sewer

New Construction No

Others

Special Listing Condition Owner Sale

Triad MLS
Listed by Liz Eckler • Realty One Group Results Reidsville

NEARBY SCHOOL & BUSINESS

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Spencer Harrell

Spencer Harrell

Broker

+1(336) 281-8173

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