New Listing
$725,000 $4,116 est/mo Sourced by Back At You

118 W Murphy Street,Madison, NC 27025

Madison NC, 27025

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Description

Investment opportunity in downtown Madison. Renovation of (4) apartments consisting of (2) one bedroom and (2) studio units. Each unit has new electrical, plumbing, and HVAC systems.The first rental applications are currently being reviewed and will be rented soon. 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 spaces.

Details

MLS#1145247
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site3
Listing Provided ByRealty One Group Results Reidsville | Liz Eckler
Buying Commision2.00%

Features

ZoningTCDMD

Market Activity 27025

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Listings Checked: 4 minutes ago
StateNC
CountyRockingham
CityMadison
Zip Code27025
Listing VS Median (in 27025)
Price:
$725,000
low | high
Med:
$246,900
100% of Average
On Site:
3
low | high
Med:
157.000000
2% of Average
Sourced by Back At You
Listing Updated: June 10, 2024 at 3:30:09 PM PDT