Greensboro, NC 27406,1003 Martin Luther King Jr DR #A-E

$175,000

$179,000

2.2%
Est.Price: ?

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Est. payment /mo

8,712 Sqft Lot


SOLD DATE : 04/12/2019

Key Details

Sold Price $175,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Southside

MLS Listing ID 797178

Sold Date 04/12/19

HOA Y/N No

Year Built 1973

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Apartment

Source Triad MLS

Property Description

1003 and 1005 (MLS#797183) Martin Luther King Jr together for one price; all 5 units have been constantly rented at up to $490 per month; Owner pays only water/sewer. Baseboard heat. Tenants furnish their own wall air conditioner units. Gross income $25,740; net income $19,000; Cap rate over 11%. See attachments for Rent Roll and P&L. Call listing agent for showings.

Location

State NC

County Guilford

Interior

Heating Baseboard, Electric

Cooling None

Flooring Carpet, Wood

Appliance Electric Water Heater

Laundry Washer Hookup

Exterior

Pool None

Street Surface Paved

Building

Lot Description City Lot

Story 1

Sewer Public Sewer

Water Public

Architectural Style Garden

Level or Stories 1

New Construction No

Schools

Elementary Schools Call School Board

Middle Schools Call School Board

High Schools Call School Board

Others

Special Listing Condition Owner Sale

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Jonathan And Melissa Edmiston

Jonathan And Melissa Edmiston

+1(919) 391-6377

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Triad MLS
Listed by Joseph E. Tomlinson of Berkshire Hathaway HomeServices Yost & Little Real
Bought with Berkshire Hathaway HomeServices Yost & Little Realty
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7072 NC HWY 751 Suite 101, Durham, NC, 27707

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