305 Fife Street

    Thomasville, NC 27360
    • $249,000
    • STATUS: Under Contract-Show
    • ON SITE: 127 days
    • ID#: 3409560
    Under Contract
    UPDATED: 116 min ago
    $249,000
    • 16
      BEDS
    • 0.34
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 5,294
      SQFT
    • $47
      $/SQFT
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Offered by Southpointe Realty Inc.. Copyright 2018 Carolina Multiple Listing Services. All rights reserved.

    Description

    Awesome Value-Add Opportunity in Thomasville, NC - the All-America City! Fife Street Apartments is just 3 blocks off Main Street with 4 of the 8 units leased ranging from $425 - $500 per month (Tenant pays electricity). The remaining 4 units are in need of additional updates but PM is confident in rental demand and that once building is stabilized rents could be increased. Projected 8.5% CAP at stabilization.Great small-town feel in Thomasville (https://visitthomasvillenc.com/home) and awesome location in the Piedmont Triad - less than 10 miles to High Point and less than 20 miles to Winston-Salem and Greensboro.

    Monthly Payment Calculator



    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rinehart Realty Corporation nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2018 Carolina Multiple Listing Services, Inc. Data last updated 2018-11-20T23:58:58.903.

    Digital Millennium Copyright Act
    www.rinehartrealty.com/homes/85653786

    305 Fife Street Thomasville, NC 27360

    • Price: $249,000
    • Status: Under Contract-Show
    • Updated: 116 min ago
    • ID#: 3409560
    16
    Beds
    8
    Baths
    0
    ½ Baths
    0.34
    Acres
    5,294
    SQFT
    $47
    $/SQFT
    1930
    Built
    County:
    Davidson
    Area:
    Thomasville
    Elementary School:
    Unspecified
    Middle School:
    Unspecified
    High School:
    Unspecified
    Property Description
    Awesome Value-Add Opportunity in Thomasville, NC - the All-America City! Fife Street Apartments is just 3 blocks off Main Street with 4 of the 8 units leased ranging from $425 - $500 per month (Tenant pays electricity). The remaining 4 units are in need of additional updates but PM is confident in rental demand and that once building is stabilized rents could be increased. Projected 8.5% CAP at stabilization.Great small-town feel in Thomasville (https://visitthomasvillenc.com/home) and awesome location in the Piedmont Triad - less than 10 miles to High Point and less than 20 miles to Winston-Salem and Greensboro.
    Exterior Features

    Construction Type Site Built Driveway None Exterior Construction Vinyl Foundation Crawl Space Parking On-Street Parking Publicly Maintained Road 1 Style Traditional

    Interior Features

    Equipment Cable Prewire Fireplace No Heating Ductless/Mini-Split System Laundry Location None Sq Ft Basement 0

    Property Features

    Agent Owner No Construction Status Complete Multifamily Type Eightplex New Construction No Projected Units 0 Sewer City Sewer Special Conditions None Tenant Responsibilities CableElectricity Water City Water Water Heater Gas Zoning R6



    The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rinehart Realty Corporation nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2018 Carolina Multiple Listing Services, Inc. Data last updated 2018-11-20T23:58:58.903.

    Digital Millennium Copyright Act
     
    Rinehart Realty Corporation
    1339 Ebenezer Road
    Rock Hill SC, 29732
    Offered by Southpointe Realty Inc.. Copyright 2018 Carolina Multiple Listing Services. All rights reserved.