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$ 689,900
Est. payment /mo
Active
325 327 329 331 Wheeler AVE High Point, NC 27260
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Remarks
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1220027
HOA Y/N Yes
Year Built 1960
Property Sub-Type Remarks
Source Triad MLS
Property Description
Turnkey opportunity to acquire a renovated multifamily portfolio in High Point, NC consisting of three duplexes and one single-family home. The portfolio includes a 1BR/1BA home at 325 Wheeler, a duplex with two 3BR/1BA units at 327 Wheeler, a duplex with two 2BR/1BA units at 329 Wheeler, and a duplex with two 1BR/1BA units at 331 Wheeler. The properties have undergone extensive improvements including new HVAC systems, flooring, appliances, plumbing, electrical, exterior improvements, gravel parking enhancements, and newly installed sewer holding tank/pump systems connected to municipal sewer. The portfolio is nearing full stabilization with strong rental demand and excellent cash-flow potential. Ideal opportunity for investors looking for renovated income-producing assets with major deferred maintenance already addressed.
Location
State NC
County Guilford
Interior
Heating See Remarks, Electric
Cooling Central Air
Appliance Electric Water Heater
Exterior
Pool None
Building
Sewer Remarks
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Darya Wojtyra • GSO Realty Partners