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118 W Murphy Street

Madison, NC 27025
  • $725,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 1145247
UPDATED: 68 min ago
$725,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 0 - 0
    SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

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.

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Listing information © 2024 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Team Nicholson at Keller Williams Realty Elite are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2024-07-21T14:31:09.49.
www.teamnicholsonrealty.com/homes/151516868
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118 W Murphy Street Madison, NC 27025

  • Price: $725,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 68 min ago
  • MLS #: 1145247
0
Beds
0
Baths
0
½ Baths
N/A
Acres
0 - 0
SQFT
County:
Rockingham
Area:
Rockingham
Property 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.
Property Features

Association YN No City Limits YN Yes Lot Features City Lot Property Sub Type Investment Sewer Public Sewer Special Listing Conditions Owner Sale

Listing information © 2024 Triad MLS, Inc. All rights reserved. Listing provided courtesy of Realty One Group Results Reidsville: . Information deemed reliable but not guaranteed.


Listing information © 2024 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Team Nicholson at Keller Williams Realty Elite are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2024-07-21T14:31:09.49.
 
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Team Nicholson at Keller Williams Realty Elite
280 Charlois Blvd., Ste. 100
Winston Salem NC, 27103