1707 W Rotary Dr, High Point, NC 27262

1707 /1705 / 1703 W Rotary Drive Properties are included in this sale. 1705 and 1703 are duplex buildings on one tax lot. 1707 is a single family home on another tax lot. Tax lots are side by side. Annual Cap Rate Based on Current Rents: 10.73% Annual Cap Rate Based on Market Value ($450 per Duplex Unit / $550 for SFU): 12.02% 2 Year Average Maintenance: $2,295.12 Annual Insurance: $1,874.00 Annual Property Tax: $1,664.81 Historic Vacancy 0% Current Rents 1703-A: $400 1703-B: $450 1705-A: $400 1705-B: $400 1707: $500 Market Value Rent Range Pending Level of Rehab per Unit 1703-A: $450 - $575 1703-B: $450 - $575 1705-A: $450 - $575 1705-B: $450 - $575 1707: $550 - $675 Both duplex buildings have a new roof which was installed in 2019. Each duplex unit and single family home are 2 beds and 1 bath. The single family home has a detached storage building behind the home. No HVAC. Tenants provide window AC units. Tenants provide Stove, Washer / Dryer, Refrigerator. Sold as is.