Property
Beds
37
Full Baths
24
1/2 Baths
None
Year Built
1969
Sq.Footage
21,900
12 All brick buildings with 23 apartment units, approximately 21,900 heated square feet, on 8 acres, zoned Highway Business, average yearly operating income $212,676, average yearly expenses $102,452.58, average net income $110,223. 16 of the 23 units have been renovated with heat pumps, replacement windows, LVP flooring, paint, & fixtures. There's room to build additional buildings & units if desired. Property is serviced by public water supply & on site private sewer treatment system. Great location right on Highway 52 just outside Phifer University & near Hwy 49 with quick commute to Kannapolis, Concord, & Charlotte NC.
Features & Amenities
Interior
-
Total Bedrooms
37
-
Bathrooms
24
-
Above Grade Finished Area
21900.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Forced Air, Heat Pump
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
-
Pool
No
Area & Lot
-
Lot Features
Cleared, Level
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,800,000
-
Sq. Footage
21, 900
-
Price/SqFt
$82
HOA
-
Association
No
School District
-
Elementary School
Unspecified
-
Middle School
Unspecified
-
High School
Unspecified
Property Features
-
Senior Community YN
NO
-
Sewer
Private Sewer
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Location
County
Stanly
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Listing Courtesy of Keith Knight , Wallace Realty
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Agent
Zaneta Mowatt
Call Zaneta today to schedule a private showing.
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