118 W Murphy Street,Madison, NC 27025
Madison, NC 27025
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.
Details
| MLS # | 1224558 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 68 |
| Listing Provided By | Realty One Group Results Reidsville | Liz Eckler |
Features
| SQ Feet | 5,880 |
|---|---|
| Zoning | TCDMD |
Exterior
| Lot Features | City Lot |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Area Information
| State | NC |
|---|---|
| County | Rockingham |
| City | Madison |
| Zip Code | 27025 |
| Area | Rockingham |
| Listing VS Median (in 27025) | |
Price: $325,000 low | high Med: $314,000 sqft: 5,880 low | high Med: 1,616 $ / sqft: $55 low | high Med: $207 On site: 68 low | high Med: 33 | |
Market Activity 27025
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Learn More About This Property
| State | NC |
|---|---|
| County | Rockingham |
| City | Madison |
| Zip Code | 27025 |
| Area | Rockingham |
| Listing VS Median (in 27025) | |
Price: $325,000 low | high Med: $314,000 sqft: 5,880 low | high Med: 1,616 $ / sqft: $55 low | high Med: $207 On site: 68 low | high Med: 33 | |
This office is independently owned and operated. Coldwell Banker Real Estate LLC has no involvement in and does not endorse or otherwise sponsor Cartus or The Realty Alliance.
These companies are not affiliated with Coldwell Banker Real Estate, LLC and are independently operated from Howard Perry and Walston Realty, Inc. and Coldwell Banker Real Estate, LLC.