924 Merritt Drive, Greensboro, NC 27407
- $399,000
- List Price
- $399,000
- MLS#
- 1240111
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Duplex
Property Description
INVESTMENT OPPORTUNITY! Income-producing property at 924 Merritt, built in 1904 and currently FULLY OCCUPIED, offering immediate rental income from day one. Property features 2 units with high existing rental income. The back unit currently rents for $850/month. The front portion generates rental income of $650 + $650 + $500 + $500 + $550/month, with utilities included (average utilities approximately $300/month). Front unit has been FULLY RENOVATED with new flooring, fresh paint, updated bathrooms, and new appliances—excellent opportunity for investors looking for an occupied property with established cash flow and recent improvements. You can purchase it together with nearby 918 Merritt for a unique multi-property investment opportunity. Contact the listing agent for additional details, rent information, and showing instructions. Please do not disturb tenants.
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Additional Information
- Appliances
- Electric Water Heater
- Cooling Type
- Central Air
- Heating
- Forced Air, Electric
- Heating Fuel
- Electric
- Lot Dimensions
- .22
- Parking
- Driveway, Deck
- Sewer
- Public Sewer
- Show Street Address
- Yes
- Total Units
- 2
- Water
- Public
- Water Heater
- Electric
- Year Built
- 1904
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Listing courtesy of Fathom Realty. Contact: