Land Type: Investment

For Sale: Quadruplex

Property was built as a quadruplex & most currently used by owner for a single family residence. It’s vacant now & ready to rent. Property hasn’t been used for rental in a long time, so no income/expense numbers. 2 Generac generators & 2 propane tanks. Acreage has an extra well & drain field that serviced a double wide that has been removed. Foundation onsite that could handle a duplex, if someone is interested in a stick built or modular. Awesome family compound set up or build a nice modular for yourself & rent the quad. Tons of potential in a well-built quad w/good income potential. Building breakdown: entry level (1)3BR/1BA, (1)2BR/1BA; lower level has community laundry area, (1)3BR/1BA, (1)2BR/1BA. All metered separately. Appliances in units. Convey AS-IS. Exterior is Cedar siding.

Multi-Family Type: Quad
Year Built: 1987
Construction Status: Completed
Total Acreage: 9.31

Tax ID: 050000301
Annual Taxes: $1,784.50

Total Units: 4
Gross Bldg SF: 3,808
# Unfurnished: 4
Parking Description: Unpaved
Present Use: Built-As
Basement: Full Basement

Schools

Elementary School: Callaway
Middle School: Ben Franklin Middle
High School: Franklin County

Directions

From Rocky Mount: take Grassy Hill to Left on Callaway Rd. Right on Algoma. Left on Bethany. Left on Mission Dr. (Private Road Sign)

SOLD – For Sale: Retail / Office & Warehouse

Located in a non-zoned area of the county these well-constructed buildings offer an owner/occupier or investor an amazing opportunity. Excellent location along Franklin Street just past the County Administration Building. Brick and block construction, paved parking lot with ample signage. Property sold As-Is. Buyer & Buyer’s Agent to verify all information. New Survey. Public Utilities. See Documents section for more information & list of occupied units.

Type of Business: Retail/Office & Warehouse
Year Built: 1970
Construction Status: Completed
Total Acreage: 0.57
Tax ID: 0630202200
Annual Taxes: $2,311.9

Gross Building SF: 5,872
Stories: 1
Restrooms: 5
Retail SF: 5,872
Leaseable SF: 6,986
On site Parking: Yes
Warehouse SF: 1,204
Lease Available: No
Flood Area: No
Water Description: Public Water
Sewer Description: Public Sewer

Rental Information

Building 1
Unit 1433 (New Side Door)      $750 month
Unit 1435                                   $750 month
Unit 1451                                   $1,200 month plus they have use of garage in the rear
Building total square feet is 3,286.

Garage in back
Garage building in back is 1,204 sq ft.

Building 2 (New HVAC)
Unit 1453 Vacant
Unit 1455 Vacant
Building total square feet 2,496

This is a wonderful opportunity for an investor.

All units are metered separately and have their own HVAC system. Owner pays water and sewer.Each unit has a half bath. Building 1433-1451 had a new roof installed last year.