- For Sale $1,096,000
- Property Type Multi-Family
- Property Size 1,560 SF
- Units 12
- Lot Size 1.71 Acre
- Cap Rate % 8.25
- NOI / YR 90420
- Additional Rent Contact for pricing
- Date Updated Sep 6, 2024
Opportunity to own a solid performing brick construction multi-family value-add property: 6 duplexes located on one block in Madison, NC (30 minutes north of Greensboro, NC). 2BR/1BA units all leased below market rents, yet still cash flowing well. 11 of the 12 units have been updated as proof of concept that rents are still below market.
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Contacts
Location
Getting Around
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Walk Score ®
4/100
Car-Dependent
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Bike Score ®
12/100
Somewhat Bikeable
- City Madison, NC
- Neighborhood Madison
- Zip Code 27025
- Market Winston Salem Greensboro
Points of Interest
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Shell
3.01 miles
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Murphy USA
3.37 miles
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Citgo
9.99 miles
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Mayodan Access
1.90 miles
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US BUS 220 Boat Access
4.56 miles
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Pine Hall Boat Ramp
7.04 miles
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Hemlock Golf Course River Access
8.39 miles
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Rio Grande
1.19 miles
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Bojangles'
3.13 miles
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McDonald's
3.45 miles
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Subway
3.48 miles
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Scott School
0.77 miles
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J C Lassiter School
0.84 miles
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Madison-Mayodan Junior High School
1.21 miles
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John W Dillard Elementary School
1.41 miles
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Madison-Mayodan High School
1.42 miles
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McMichael High School
3.11 miles
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Pine Hall Elementary School
5.36 miles
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Stone Junior High School
6.16 miles
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Stoneville Elementary School
6.92 miles
Frequently Asked Questions
How much does 401 Summit Street cost?
The space currently listed for sale at 401 Summit Street asks for $1,096,000.
What is the total square footage of 401 Summit Street?
401 Summit Street totals 1,560 square feet.
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