Strong investment opportunity with significant recent capital improvements already completed! This well-maintained 13-unit apartment building features an attractive unit mix of seven 2-bedroom units, two 1-bedroom units, and four studio apartments, offering broad tenant appeal and strong rental potential. Current ownership has invested approximately $325,000 in upgrades and improvements, including updated kitchen cabinets, bathroom renovations, and windows. Newer metal roof, and a newly created parking lot. With major improvements already in place, and conveniently located, this turnkey property is ideal for investors seeking strong rental potential and minimal deferred maintenance. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer entering the multifamily market, this move-in-ready building checks every box.
Features
8540 sq. ft. floor area
crop_free0.32 ac. lot size
cottageApartment
Property history for 1007 South Main Street
2012
Sold
$277,500
24 Aug 2012 by Treva Kirkman, of Beamer and Kirkman Realty LLC
Happy sellers in Mount Airy
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Local market activity for apartments in Mount Airy
Sold
For Sale
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