$750,000

118 W Murphy Street, Madison, NC 27025

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Investment opportunity in downtown Madison. Renovation of (4) apartments is complete and all are rented. This opportunity provides income from (2) one bedroom and (2) studio apartments. Each unit has new electrical, plumbing, flooring, kitchens and HVAC systems. This building has value added potential to add up to 4 additional apartments for a total of eight units. In addition, there is retail space, with a separate entrance that has outstanding visibility from the street and excellent rental possibilities. Great opportunity for the owner to receive income from both the residential and retail sides.

Listing Status:
Active
Listing Office:
Realty One Group Results Reidsville : 336-637-5058
Listing Agent:
Liz Eckler : 336-613-6065
MLS ID:
1182348
  • Originating MLS: Triad MLS
  • County: Rockingham

This listing courtesy of Liz Eckler, Realty One Group Results Reidsville

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dewey School of International Studies

810 Cure Dr, Madison, NC, 27025

Grades PK-5

1.23 miles away

W

Western Rockingham Middle School

915 Ayersville Rd, Madison, NC, 27025

Grades 6-8

1.43 miles away

M

McMichael High School

6845 Hwy 135, Mayodan, NC, 27027

Grades 9-12

2.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.