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    700 Ann Street

    Rockingham, NC 28379
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 247 days
    • MLS #: 624609
    Under Contract
    UPDATED: 18 min ago
    $1,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1941
    County:
    Area:

    School Ratings & Info

    Courtesy of Towering Pines Real Estate.

    Description

    Multi family apartment complex conveniently located in Rockingham's Historic District with two years of proven rental history for renovated units, no vacancies. Ready for a general contractor/investor to renovate the remaining 5 buildings to triple the earning potential. Unique opportunity to have the security of 8 income producing rental units, while completing renovations on remaining units. Lots of open land available to add ramadas, garden area, etc. 8- 2 Bed, 1 Bath units renovated in 2017. Granite Countertops, Mosaic Tile Backsplash, & Stainless Appliances. Potential for ~20 additional units in remaining 5 buildings after renovations.

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    © 2020 Fayetteville Regional Association of Realtors Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Fayetteville Regional Association of Realtors, Inc., Internet Data Exchange (IDX). Data last updated: 2020-09-19T08:31:14.897.
    www.ftbraggnchomefinder.com/homes/102312326
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    700 Ann Street Rockingham, NC 28379

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 18 min ago
    • MLS #: 624609
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1941
    Built
    Neighborhood:
    Unknown
    County:
    Richmond
    Area:
    Rockingham
    Property Description
    Multi family apartment complex conveniently located in Rockingham's Historic District with two years of proven rental history for renovated units, no vacancies. Ready for a general contractor/investor to renovate the remaining 5 buildings to triple the earning potential. Unique opportunity to have the security of 8 income producing rental units, while completing renovations on remaining units. Lots of open land available to add ramadas, garden area, etc. 8- 2 Bed, 1 Bath units renovated in 2017. Granite Countertops, Mosaic Tile Backsplash, & Stainless Appliances. Potential for ~20 additional units in remaining 5 buildings after renovations.
    Property Features

    Lease Considered YN No Possession Close Of Escrow Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions Standard Water Source Public



    © 2020 Fayetteville Regional Association of Realtors Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Fayetteville Regional Association of Realtors, Inc., Internet Data Exchange (IDX). Data last updated: 2020-09-19T08:31:14.897.
     
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    The Signature Group Realty Team | Keller Williams
    639 Executive Pl Suite 100
    Fayetteville NC, 28305
    Courtesy of Towering Pines Real Estate.