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135 W Church Street, Mount Airy, NC 27030
$500,000 Sale Pending
135 W Church Street, Mount Airy, NC 27030View this property at 135 W Church Street, Mount Airy, NC 27030
135 W Church StreetMount AiryNC27030
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Property Description
Rare multifamily investment opportunity! Fully occupied cash flowing 4 unit apartment building located in a prime location right off S Main St just two blocks from Downtown Mount Airy. Historic building with full brick exterior. Priced at a 9% cap rate based on current in place rents and expenses. Three units are long term leases and one unit is month to month. Recent renovations include new roofing, plumbing updates, bathroom updates, fresh paint and landscaping. Each unit features 2 beds, 1 bath and a den. Each unit is sub-metered for power and water/sewer. Tenants pay for all utilities except trash collection. Units have in-unit washer and dryer connections. Off street parking lot located in rear of property. Basement features full height ceilings. Financials available with proof of funds from prospective purchaser. Interior photos available upon request. Please do not disturb tenants.
Full Property Details
Full Property Details for 135 W Church St
General
- Price: $500,000
- Taxes: $2,032
- Status: Pending
- Type: Apartment
- MLS ID: 1134413
- Updated: 5/19/2024
- Added to Site: 77 day(s) ago
Interior
- Appliances: Electric Water Heater
- Flooring: Tile, Wood
Rooms
Other Rooms
- Laundry: Washer/Dryer Connection
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Deck, Paved, On Street
Location
- County: Surry
- Driving Directions: GPS 135 W Church St, Mount Airy, NC 27030.
- City Limits: Yes
School Information
- Elementary School: Tharrington/Jones
- Middle School: Mt Airy
- High School: Mt Airy
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Two Story
- Exterior Const.: Brick
- Basement: Yes
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.36
- Lot Features: City Lot
Financial Considerations
- Price Per Acre: $1,388,888.8889
- Tax Amount: $2,032
- Terms: Cash, Conventional, 1031 Exchange, FHA
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by eXp Realty LLC
Get Pre-Approved Today
Schools
Schools serving 135 W Church St
School District:Mount Airy City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Tharrington Primary School
315 Culbert St, Mount Airy, NC 27030 | PK-2 | 0.5 mi | |
249 Hamburg St, Mount Airy, NC 27030 | 6-8 | 0.9 mi | |
1011 N South St, Mount Airy, NC 27030 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 135 W Church St
Date
Details
Price
Change
Source
3/06/2024
Listed
$500,000
300%
MLS
1/31/2022
Sold
$125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 135 W Church St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,058
-9%
$146,950
—
2022
$1,167
—
$146,950
—
2021
$1,167
-3%
$146,950
—
2020
$1,197
1%
$146,950
—
2019
$1,185
—
$146,950
—
2018
$1,185
-3%
$146,950
-1%
2017
$1,222
3%
$148,430
—
2016
$1,190
—
$148,430
-6%
2016
$1,190
—
$158,080
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 135 W Church St
135 W Church Street, Mount Airy, NC 27030 (MLS# 1134413) is a Apartment property with 0 bedrooms and 0 full bathrooms. 135 W Church Street is currently listed for $500,000 and was received on March 06, 2024. Want to learn more about 135 W Church Street? Do you have questions about finding other Apartment real estate for sale in Mount Airy? You can browse all Mount Airy real estate or contact a Coldwell Banker agent to request more information.