Attention investors, builders, and developers! This is a "shovel ready" fully designed, engineered, and permitted 11 unit apartment building upfit opportunity. Plans call for 9 one-bedroom units and 2 two-bedroom units. This property is nationally recognized as a historic building and has significant historic tax credit potential for the new owner. The historic tax credit application is in process. Sale includes all plans including survey, site plan, civil engineering, architecture, construction documents, interior design plans, and historic tax credit application. Excess land for parking lot is also included in the sale. Priced at less than $21,000 per unit to give the future owner an opportunity for plenty of upside in the deal.
Sold
$205,000
113 S Gilmer St, Mount Airy, NC 27030
--beds
--baths
--sqft
Apartment, Multi Family
Built in 1920
-- sqft lot
$282,100 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 03, 2025 at 12:47am
Listed by:
Andrew Balogh 336-428-0230,
eXp Realty LLC
Bought with:
NONMEMBER NONMEMBER
nonmls
Source: Triad MLS,MLS#: 1110434
Originating MLS: Winston-Salem

Facts & features
Interior
Heating
- None, No Fuel
Cooling
- None
Features
- Has basement: Yes
- Has fireplace: No
Property
Parking
- Parking features: Deck, On Street
- Has uncovered spaces: Yes
Features
- Pool features: None
Lot
- Dimensions: 1
Details
- Parcel number: 502016940954
- Zoning: R6
- Special conditions: Owner Sale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Mount Airy
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,1031 Exchange
Services availability

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