$ 725,000
118 W Murphy ST Madison, NC 27025
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 725,000
Est. payment /mo
Active
118 W Murphy ST Madison, NC 27025
UPDATED:
06/10/2024 07:13 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1145247
HOA Y/N No
Originating Board Triad MLS
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.
Location
State NC
County Rockingham
Building
Lot Description City Lot
Sewer Public Sewer
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Realty One Group Results Reidsville