92 N Red Town Rd, Old Fort, NC 28762

HIDDEN TREASURE IN THE FANTASTIC AND GROWING OLD FORT CITY LIMITS! Excellent opportunity to own a income producing property. With some much needed repairs and/or updates, the potential for increased profitability is high. Current rent ($350-$450) is well below current rent rates for this area. Property is being sold "AS IS" "WHERE IS". All units sold together! Units are individually metered so tenants pay for electric and water. All units are 2 bedroom/1 bath. No appliances are included in the units. There is a hookup for a stacked washer and dryer. Tenants use window ac units for cooling. Units are equipped with baseboard heat except for the ones being renovated. Those are planned for mini-split systems. 2 Units are in the process of being updated with new flooring, paint, etc 4 Units are currently rented (month to month) 1 Unit is being used as an office space 7 Units are empty