918 Merritt Drive, Greensboro, NC 27407

$199,000

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List Price
$199,000
MLS#
1238971
Status
ACTIVE
Type
Multifamily
Subtype
Duplex
Neighborhood
Pomona Village

Property Description

INVESTOR OPPORTUNITY! Fully occupied income-producing duplex at 918 Merritt Dr., offering immediate rental income and strong cash-flow potential. Property features 2 units with established tenants and current combined rent of $1,600/month. The front unit rents for $1,000/month and has been RENOVATED with new flooring, fresh paint, an updated bathroom, and new appliances. The back unit currently rents for $600/month. Excellent opportunity for investors looking for established rental income with recent improvements. Can be purchased together with nearby 924 Merritt Dr, creating a 2-property, 4-unit investment package. Contact the listing agent for rent details and showing instructions. Please do not disturb tenants.

Additional Information

Appliances
Electric Water Heater
Cooling Type
Window Unit(s)
Heating
Forced Air, Electric
Heating Fuel
Electric
Lot Dimensions
.27
Parking
Driveway, Deck
Sewer
Public Sewer
Show Street Address
Yes
Subdivision
Pomona Village
Water
Public
Water Heater
Electric
Year Built
1904

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Listing courtesy of Fathom Realty. Contact: