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818 W Main Street, Elkin, NC 28621

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Listing Type
multi family
Listing Status
pending
20
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
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Similar Home Values
$479,500

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Home Details for 818 W Main Street

Price
$479,500
Type
multi family
Year Build
1964
County
Surry
On exitrealty.com
75 days
MLS Listing#
1018468

Property Description

Investment opportunity on W Main St. near Historic downtown Elkin. This quadplex contains 4 completely renovated two bedroom, one bath apartments completed in 2019. All four apartments are currently rented. Each apartment measures just under 920SF, building features a common hallway leading to two apartments on the second level, two apartments on the main level and a full-size basement on the lower level. Tenants enjoy new recessed lighting, new flooring, remodeled kitchen w/ new appliances, updated baths, laundry closet. Each apartment has a back door leading to metal fire escape and the backyard. The exterior is comprised of brick for lower maintenance. Additional storage is in the unfinished basement. Located in the heart of the Yadkin Valley, and within walking distance to Elkin Municipal Park, Yadkin River, Mountains-to-Sea Trail, top-rated Elkin City Schools, Elkin Library. Easy walk to Historic Downtown Elkin. Using market rent & NOI of $35,252=a cap rate of 7.35%

Property Features

School Information

School Informations for 818 W Main Street

Elementary School
Elkin
Middle School
Elkin
High School
Elkin
$479,500

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