Madison, NC 27025,118 W Murphy ST
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$750,000
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1182348

HOA Y/N No

Property Sub-Type Investment

Source Triad MLS

Property Description

Investment opportunity in downtown Madison. Renovation of (4) apartments is complete and all are rented. 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 to add 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.

Location

State NC

County Rockingham

Building

Lot Description City Lot

Sewer Public Sewer

New Construction No

Others

Special Listing Condition Owner Sale


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

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agent

Keon Shoulars

+1(336) 830-6069

Broker | License ID: 285461

Broker License ID: 285461

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