1024 Avondale Road
Lowell, NC 28098
$113/Sq Ft
Sold
24 bd · 16 ba · 6,552 sqft · $113/sqft
About This Multi-Family Property
Attention Investors!!! Here is an opportunity to add 16 units of multifamily real estate to your rental portfolio. The complex consists of 2 buildings that have 12 bedrooms each.
All of the units are currently vacant. the owners plans were to rehab and lease up. due to currently being tied up on other projects the seller has decided to sale.
some of the units do need rehab work. some just need cosmetics and others may need a little more TLC. This a great opportunity for someone that is already in the multifamily business.
Potential rents of 145-150k annual gross after being brought to 100% occupancy rate.
Property Details
Interior Details
- Heating
- Central
- Roomcount
- 0
- Half Bathrooms
- 0
- Laundry Features
- Other - See Remarks
- Mainlevelgarageyn
- 0
Square Footage And Levels
- Below Grade Finished Area
- 0
Parking And Garage
- Parking Features
- Parking Lot
Exterior Features
- Construction Materials
- Brick Full
Lot And Land
- Lot Size
- 1.37
- Lot Size Units
- Acres
- Lot Size Dimensions
- 0
Basement And Foundation
- Foundation Details
- Crawl Space
Utilities
- Sewer
- Septic Installed
- Water Source
- City
Financial Information
- Citytaxespaidto
- Lowell
Zoning And Restrictions
- Zoningspecification
- A P T01
Multi Unit Details
- Total Number Of Units
- 16
Listed by Eddie Howell (704-898-1143) · Coldwell Banker Carver-Pressley, Realtors (704-266-5060)
Location
- Address
- 1024 Avondale Road
- City
- Lowell, NC 28098
- Community
- Avondale
Schools
- Elementary
- Unspecified
- Middle
- Unspecified
- High
- Unspecified
School assignments may change. Contact the school district to confirm.
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