12 All brick buildings with 23 apartment units, approximately 21,900 heated square feet, on 8 acres, zoned Highway Business, average yearly operating income $212,676, average yearly expenses $102,452.58, average net income $110,223. 16 of the 23 units have been renovated with heat pumps, replacement windows, LVP flooring, paint, & fixtures. There's room to build additional buildings & units if desired. Property is serviced by public water supply & on site private sewer treatment system. Great location right on Highway 52 just outside Phifer University & near Hwy 49 with quick commute to Kannapolis, Concord, & Charlotte NC.
Active
$1,800,000
48708 State Highway 52, Richfield, NC 28137
36beds
21,900sqft
Est.:
Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$82/sqft
$-- HOA
What's special
Heated square feetApartment unitsBrick buildingsLvp flooringReplacement windowsHeat pumps
- 46 days |
- 679 |
- 32 |
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