RED ROOSTER APARTMENTS

612 - 630 Elaine St, 603-613 Elaine St, 409 - 415 Godwin St, 501 - 509 Hasty St, 315 - 323 E. Phifer St Marshville, NC 28103

612 - 630 Elaine St, 603-613 Elaine St, 409 - 415 Godwin St, 501 - 509 Hasty St, 315 - 323 E. Phifer St, Marshville, NC, 28103
Elaine St 2-story unit
612 - 630 Elaine St, 603-613 Elaine St, 409 - 415 Godwin St, 501 - 509 Hasty St, 315 - 323 E. Phifer St, Marshville, NC, 28103
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,425,000
Last Verified:
Apr 02, 2019

Highlights

  • Self managed by owner (a residential property manager) and in overall good condition
  • 10-unit 2 story apartment complex
  • 1 @ 6-plex unit
  • 2 @ 5-plex units
  • 1 @ 4-plex unit
  • All roofs replaced in 2012
  • Central air replaced in in 2012 at Elaine St 2-story apartment building in all but one unit
  • Note that the rents vary to a great degree in some cases and if you look at the lower monthly rents you will see that those are longer-term tenants on a MTM basis which the Sellers chose to not to increase (or spend money on interior renovations in the process) so there is opportunity for increased revenue.

Description

Price reduced on portfolio of five multifamily properties consisting of 30 units for sale in Marshville, NC

Multiple property locations in Marshville

Building Size: 20118.0sq ft
Lot Size: 0.0 acres

Map of 612 - 630 Elaine St, 603-613 Elaine St, 409 - 415 Godwin St, 501 - 509 Hasty St, 315 - 323 E. Phifer St, Marshville, NC, 28103

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