1352 Briles Drive

Asheboro, NC 27205

$365,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Unit 1A
Unit 3C
Unit 4D
Unit 6F
Upstairs Hall
Unit 5E
Downstairs Hall
Unit 2B

Description

Price reduced due to finding issues in the crawl space. Please see attached documents and Agent Only Remarks. Presenting a remarkable opportunity to acquire a fully-leased, 6- 1 Bedroom-unit apartment complex located just outside Asheboro city limits. Each one-bedroom unit includes a stove and refrigerator, providing basic amenities that meet the needs of individuals seeking affordable housing options. It's nestled in a serene neighborhood, offering residents a quiet and peaceful living environment,...Price reduced due to finding issues in the crawl space. Please see attached documents and Agent Only Remarks. Presenting a remarkable opportunity to acquire a fully-leased, 6- 1 Bedroom-unit apartment complex located just outside Asheboro city limits. Each one-bedroom unit includes a stove and refrigerator, providing basic amenities that meet the needs of individuals seeking affordable housing options. It's nestled in a serene neighborhood, offering residents a quiet and peaceful living environment, allowing it to maintain strong occupancy rates. Rates ranging from $550 to $695, delivering a stable & impressive net income of $3600 gross/month offering both consistent cash flow & potential for future appreciation. See attached documents for 2023 & 2024 P&L reports, Rent Roll and a list of improvements since December of 2020. Don't miss out on this excellent opportunity to expand your real estate holdings with a property that promises continued success and growth. Selling "AS-IS"
  1. Listed by Tammy Fox • Keller Williams Central

Property Details for 1352 Briles Drive

Zoning
RR
LISTING UPDATED: 12/12/2024 09:59 AM

Property Details for 1352 Briles Drive

StatusPrice Change
MLS #1154444
Days on Market109
Taxes$898 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1981
CountyRandolph County

Building Information for 1352 Briles Drive

Building/Complex1352 Briles DrFloor-Stories-Residences6Pet Policy-Year Built1981Building Size-

Property Information for 1352 Briles Drive

Summary
Location and General Information
  • County Or Parish: Randolph
  • City: Asheboro
  • Directions: McDowell Rd. to Mack Rd. to Danny Bell to Briles Dr.
  • Latitude: 35.657188
  • Longitude: -79.863187
  • Postal Code: 27205
Taxes and HOA Information
  • List AOR: Greensboro
  • Tax Rate: .62%
  • Tax Annual Amount: $897.95
  • Tax Assessed Value: $144,830.00
  • Tax Year: 2024
  • Parcel Number: 7649354175
  • Association: No
Parking
  • Parking Features: Gravel, No Garage
  • Garage Description: None
Property
Lot Information
  • Lot Size Acres: 0.76
  • Lot Size Dimensions: 173 x 198 x 151 x 204
  • Water Source: Public
  • Year Built: 1981
Property and Assessments
  • Photos Count: 48
  • Property Type: Residential Income
  • Deed Book: 002714
  • Deed Page: 01008
  • Environmental Hazards: No
  • Documents Count: 6
Utilities
  • Heating Fuel: Electric
  • Sewer: Septic Tank
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Construction Materials: Vinyl Siding
  • Pool: No
Interior Features
  • Appliances: Electric Water Heater
  • Cooling: Central Air
  • Flooring: Carpet, Vinyl, Wood
  • Heating: Heat Pump, Electric
Multi Family
Multi-Family Information
  • Number of Unfurnished Units: 6
  • Total Units: 6
  • Units Furnished: None
  • Number Of Units In Community: 6
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell
  • Number Of Units Leased: 6

Property History for 1352 Briles Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1352 Briles Drive

Taxable ValueLand$60,000Additions$84,830Total$144,830
Tax Record2024$898 ($75 / month)
Home Facts
Total Finished SqFt3,622 SqFtAbove Grade Finished SqFt3,622 SqFtStories2Lot Size33,106 SqFtStyleMulti-Family Res (5+ Units)Year Built1981ZoningRRCountyRANDOLPHAPN7649354175

Schools near 1352 Briles Drive

This home is within Randolph County School System.
Rating
School
Type
Grades
Distance
Southmont Elementary
Public - PK to 5
Southwestern Randolph Mid
Public - 6 to 8
Southwestern Randolph High
Public - 9 to 12
Randolph Early Colle
Public - 9 to 13
Rating
School
Distance
Southmont Elementary
PublicPK to 5

Southwestern Randolph Mid
Public6 to 8

Southwestern Randolph High
Public9 to 12

Randolph Early Colle
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Cedar Grove Township - Randolph County

Neighborhoods

Cities

ZIPs

More information about 1352 Briles Drive, Asheboro, NC 27205

1352 Briles Drive is a multi-family home for sale in Asheboro, NC 27205. This property was listed for sale on September 2, 2024 by Keller Williams Central, it's currently listed at $365,000. It has been on the market for a total of 109 days and was last sold on August 5, 2020. This listing's school district is Randolph County School System. Nearby schools include Southmont Elementary, Southwestern Randolph Mid and Southwestern Randolph High. 1352 Briles Drive is a 0-bed, 0-bath, multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Central

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Compass are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by potential buyers and sellers is prohibited. Copyright© 2024 Triad MLS, Inc. of High Point, NC. All Rights Reserved. Data cannot be redistributed and cannot be used for any reason other than provided in the contract.