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$215,000

  • Sold
  • Closed
  • Triplex
  • 0.19 Acres
See This Home
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Seize the chance to own a beautifully updated triplex in the thriving Reidsville, NC market! This exceptional multi-family property offers incredible income potential, perfect for seasoned investors or those looking to house-hack and live for free while generating cash flow. It is a triplex, so there are 3 separate power meters, however, the landlord pays for water as there is only the one water meter. The metal roof is nearing the end of its life and should be replaced within the next 5 years, consequently the property was priced substantially lower than market dictates to allow the future buyer the ability to replace the roof if desired, but now the seller has decided to install a new roof and it is being installed July 2025 so the list price is being raised accordingly so act fast as this property certainly won't last long on the market!

Full Property Details for 520 Scales St

General

  • Sold For: $215,000
  • Taxes: $725
  • Status: Closed
  • Type: Triplex
  • Source: Triad_MLS
  • MLS ID: 1185765
  • Added to Site: 207 day(s) ago

Parking

  • Parking Features: Driveway, On Street

Location

  • County: Rockingham
  • Driving Directions: From US-29 N take exit 153 toward NC-14 N/Eden; Turn left onto NC-14 N/US-158 W; Turn left onto Madison St; Turn left onto N Scales St; Building housing 518 and 520 and 522 N Scales St will be on the right.

School Information

  • Elementary School: Moss Street
  • Middle School: Reidsville
  • High School: Reidsville

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Baseboard, Electric
  • Heating Fuel: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Year Built: 1927

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Dimensions: 51 x 165 x 40 x 160

Financial Considerations

  • Price Per Acre: $1,131,578.9474
  • Tax Amount: $725.76
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Owner Sale
  • Lot Number: 1

Listed by Coldwell Banker - Hp&W
Sold by Exit Realty Elite Properties

Listing agent

— 520 Scales St —

  • Coldwell Banker - Hp&W

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 520 Scales St

School District:Rockingham County Schools
NameGradesDistance
Reidsville High
1901 South Park Drive, Reidsville, NC 27320
9-122.7 mi
Reidsville Middle
1903 South Park Drive, Reidsville, NC 27320
6-82.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 520 Scales St

Date
Details
Price
Change
Source
8/29/2025
Sold
$215,000
—
MLS
7/03/2025
Price Increased
$215,000
7.55%
MLS
6/25/2025
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Coldwell Banker - Hp&W
Sold by Exit Realty Elite Properties

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Price Reduced near 520 Scales St

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5509 Yanceyville Rd, Browns Summit, NC 27214 - Photo 1 Price Reduced
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Recent Sales near 520 Scales St

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520 N Scales St, Reidsville, NC 27320 - Photo 1 Sold
$215,000

520 N Scales St  Reidsville, NC 27320

  • Triplex
  • Closed
  • 4
    Beds
  • 3
    Total Baths
Listed by Coldwell Banker HPW, Bryan Guarnieri
Sold by Relevate Real Estate Inc., Trinity French
105 Roanoke St, Reidsville, NC 27320 - Photo 1 Sold
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508 Washington Ave, Reidsville, NC 27320 - Photo 1 Sold
$207,347

508 Washington Ave  Reidsville, NC 27320

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520 Scales Street, Reidsville, NC 27320 (MLS# 1185765) is a Triplex property that was sold at $215,000 on August 29, 2025. Want to learn more about 520 Scales Street? Do you have questions about finding other Triplex real estate for sale in Reidsville? You can browse all Reidsville real estate or contact a Coldwell Banker agent to request more information.