Skip To Content

615 Dumaine Street

Eden, NC 27288
  • $550,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 1086573
UPDATED: 63 min ago
$550,000
  • 0
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 0 - 0
    SQFT
Type:
Multi-Family
Built:
1980
County:
Area:

School Ratings & Info

Description

This apartment complex is ideally located close to the Leaksville section of Eden that is undergoing a revitalization with several new boutiques and restaurants that are already open for business. In addition shopping, medical facilities are close by. The complex consists of (4) 2 bedroom units that have been completely renovated and (4) 1 bedroom units that need updating but two of which are currently rented. With these (4) units updated the monthly rental amount could increase cash flow to around $700 per month each. Depending on the buyers financial arrangements a cap rate greater than 3-4% is very achievable.

Monthly Payment Calculator



Listing information © 2022 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Carolinas Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2022-12-05T09:30:33.27.
www.houseforsalenc.com/homes/133826720
Print Image

615 Dumaine Street Eden, NC 27288

  • Price: $550,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 63 min ago
  • MLS #: 1086573
0
Beds
0
Baths
0
½ Baths
0.68
Acres
0 - 0
SQFT
1980
Built
County:
Rockingham
Area:
Rockingham
Property Description
This apartment complex is ideally located close to the Leaksville section of Eden that is undergoing a revitalization with several new boutiques and restaurants that are already open for business. In addition shopping, medical facilities are close by. The complex consists of (4) 2 bedroom units that have been completely renovated and (4) 1 bedroom units that need updating but two of which are currently rented. With these (4) units updated the monthly rental amount could increase cash flow to around $700 per month each. Depending on the buyers financial arrangements a cap rate greater than 3-4% is very achievable.
Exterior Features

Garage Description None Lot Features City Lot Parking PavedNo Garage Parking Spaces 12

Interior Features

Appliances Water Heater: Electric Cooling Central Air Heating Heat PumpElectric

Property Features

Association YN No Built Information Existing City Limits YN Yes Energy Features Insulated DoorsInsulated Windows Heating Fuel Electric Listing Terms CashConventionalFannie MaeFhaUsda LoanVa Loan Num Unfurnished Units 8 Pool Features None Pool YN No Property Sub Type Apartment Sewer Public Special Listing Conditions Owner Sale Units Furnished None Water Heater Electric Water Source Public

Listing information © 2022 Triad MLS, Inc. All rights reserved. Listing provided courtesy of Coldwell Banker Advantage: [IDXCONTACTINFORMATION]. Information deemed reliable but not guaranteed.


Listing information © 2022 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Carolinas Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2022-12-05T09:30:33.27.
 
https://bt-photos.global.ssl.fastly.net/triad/orig_boomver_1_1086573-2.jpg https://bt-photos.global.ssl.fastly.net/triad/orig_boomver_1_1086573-2.jpg https://bt-photos.global.ssl.fastly.net/triad/orig_boomver_1_1086573-2.jpg
Logo
Berkshire Hathaway HomeServices Carolinas Realty
500 Pineview Dr. Suite 201
Kernersville NC, 27284