1352 Briles Drive

Asheboro, NC 27205

$395,000
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

Presenting a remarkable opportunity to acquire a fully-leased, 6- 1 Bedroom-unit apartment complex located just outside the 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. The complex is nestled in a serene neighborhood, offering residents a quiet and peaceful living environment, allowing it to maintain strong occupancy rates. Rental rates ranging from $550 to $695, delivering...Presenting a remarkable opportunity to acquire a fully-leased, 6- 1 Bedroom-unit apartment complex located just outside the 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. The complex is nestled in a serene neighborhood, offering residents a quiet and peaceful living environment, allowing it to maintain strong occupancy rates. Rental rates ranging from $550 to $695, delivering a stable and impressive net income. This property is an ideal addition to any investment portfolio, offering both consistent cash flow and 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.
  1. Listed by Tammy Fox • Keller Williams Central

Property Details for 1352 Briles Drive

Zoning
RR
LISTING UPDATED: 09/04/2024 01:21 PM

Property Details for 1352 Briles Drive

StatusNew Listing
MLS #1154444
Days on Market80
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
  • Total Heated Finished SqFt Range: 0 - 0
  • 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: 3
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.

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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 $395,000. It has been on the market for a total of 80 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

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