538 Bridge Street, Eden, NC 27288

$359,000

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List Price
$359,000
MLS#
1227672
Status
DUE DILIGENCE PERIOD
Type
Multifamily
Subtype
Apartment
Lot Size
14,810

Property Description

Excellent investment opportunity in Eden! This mixed-use property features 6 total units with 2 commercial suites on the main level and 4 apartments upstairs, making it a great addition to any investment portfolio. The property currently generates $3,315 in monthly rental income with room for improvement. There is a front and back entrance to a common stairwell for the apartments making for easy access. The two commercial units have their own separate entrances for solid visibility and customer satisfaction. There is a dedicated storage area with washer and dryer hookups. Each unit has it's own separate meter and is in each tenant's name. The water bill is in owner's name. Convenient corner location, the property offers ample parking, providing convenient access for both occupants and customers. With easy access to downtown amenities, offering excellent upside for investors seeking a value-add commercial and multifamily asset.

Additional Information

Acres
0.34
Appliances
Electric Water Heater
Cooling Type
Central Air
Heating
Forced Air, Heat Pump, Electric, Natural Gas
Heating Fuel
Electric, Natural Gas
Lot Size
14,810
Parking
Deck
Sewer
Public Sewer
Show Street Address
Yes
Water
Public
Water Heater
Electric
Year Built
1947

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty. Contact: