210 East Morehead Street
$795,000
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Description
Incredible investment opportunity! 7900 square foot 11-unit building, fully rented (one tenant has been asked to vacate) with several long-term tenants (current tenant average is 10+ years). Units vary from studio apartments to 1-bedroom units, each with their own reserved parking space and plenty of street parking. Great location walkable to bus line, train station and restaurants. Projected rental income of $88,080. Owner pays gas for the water heater, electricity for the common areas and water...Incredible investment opportunity! 7900 square foot 11-unit building, fully rented (one tenant has been asked to vacate) with several long-term tenants (current tenant average is 10+ years). Units vary from studio apartments to 1-bedroom units, each with their own reserved parking space and plenty of street parking. Great location walkable to bus line, train station and restaurants. Projected rental income of $88,080. Owner pays gas for the water heater, electricity for the common areas and water average $7000. All tenants (except 1) are currently on a lease and all wish to remain in place. Please request a brochure for more information. Secure building with keypad entry. Do not visit the property without an appointment.
- Listed by Marlo Countiss • RE/MAX DIAMOND REALTY
- Listed by Laura Countiss • RE/MAX DIAMOND REALTY
Property Details for 210 East Morehead Street
Architectural Style
Two Story
Flood ZoneNot in Flood Zone
ZoningApartment
LISTING UPDATED: 10/01/2024 02:07 PM
Property Details for 210 East Morehead Street
Status | New Listing |
---|---|
MLS # | 1157353 |
Days on Market | 21 |
Taxes | $5,243 / year |
HOA Fees | - |
Condo/Co-op Fees | $90 / year |
Compass Type | Multi Family |
MLS Type | Residential Income / Apartment |
Year Built | 1930 |
County | Alamance County |
Building Information for 210 East Morehead Street
Building/Complex210 E Morehead StFloor-Stories-Residences11Pet Policy-Year Built1930Building Size-
Property Information for 210 East Morehead Street
Property History for 210 East Morehead Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 210 East Morehead Street
Taxable ValueLand$55,911Additions$429,471Total$485,382
Tax Record2023$2,097 ($175 / month)
Home Facts
Total Finished SqFt7,911 SqFtAbove Grade Finished SqFt7,911 SqFtStories1Lot Size8,668 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningB 3CountyALAMANCEAPN135516
Schools near 210 East Morehead Street
This home is within Alamance-Burlington School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Grove Park Elementary PublicPK to 5 | ||
Turrentine Middle Public6 to 8 | ||
Walter M Williams High Public9 to 12 | ||
NC School for Deaf Morganton PublicK to 12 |
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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