227 Mitchell Ave - Apartments FOR SALE


Salisbury, NC 28144
$824,900 USD
704-637-7721

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$824,900 USD
Apartments - FOR SALE
null | Request Cap Rate

227 Mitchell Ave
Salisbury, NC 28144


HIGHLIGHTS

  • Fully Occupied
  • Prime Location
  • Income Potential
  • Well-Maintained Property

OVERVIEW

This multi-family property, located in a desirable area, consists of six fully occupied apartments, providing a steady stream of rental income. With a total of 6,127 square feet, the building offers a spacious living environment for tenants. Priced at $869,900, this property presents a solid investment opportunity in the growing rental market. Its strategic location and established occupancy make it an attractive option for investors seeking reliable returns.

FOR SALE DETAILS

PRICE

$824,900 USD

PRICE/SF

$135 USD /SF

# OF UNITS

6

PRICE/UNIT

$137,483

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,872 SF

ZONING

MF

APN/PARCEL ID

014 165

ASK ABOUT THIS PROPERTY

Cathy GriffinCentury 21 Towne & CountryMore Info
704-637-7721

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Cathy GriffinCentury 21 Towne & CountryMore Info
704-637-7721

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.