NOT LISTED FOR SALE

100 A/B, 102 A/B, 10 Evans Ave Thomasville, NC 27360

-- Bed
-- Bath
-- Sq Ft
0.71 Acres

Last Sold July 20, 2021

Last sale price $330,000

5 Days on Market

Highlights

  • 0.71 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

Awesome opportunity to add 6 income producing properties to your rental investment portfolio! Three 1996 duplexes with two 2 bed / 1 bath units in each duplex most recently renting for $2,775/mo. in total! This could easily go up to $3,300/mo. or more. Current numbers give an approximately 8% return on investment! This is pretty much turn key - do very little, and leave them rented or spruce them up a bit and maximize your returns! Won't last - go view today! One unit has been left vacant for viewings (100A), which is fairly representative of all units. Do not bother tenants in other units. Most likely you will only be able to view all units once under contract and/or during any inspections as you will have to coordinate with all 5 tenants. Any ranges & fridges in all units convey except unit 104A, which are tenant owned. See Agent Only Comments for more info on financials, etc.

Last Agent to Sell the Property

Zane Gerringer

Zane Gerringer Real Estate, Inc License #238772 Listed on: 05/14/2021

Last Buyer's Agent

Mustafa Shabazz

Fathom Realty License #129602

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1996

Lot Details

  • 0.71

Parking

  • Driveway

Home Design

  • Duplex

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • 0.71 Acre Lot

Listing and Financial Details

  • Tax Lot 1, 3, 4
  • Assessor Parcel Number 1603900030001000
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • 4,680 Sq Ft Building
  • Engleside Subdivision

Building Details

  • 5 Leased Units
  • Gross Income $33,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,234

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.71
  • Lot Size: 59 x 18 x 141 x 72 x 150 / 75 x 150 x 75 x 148 / 75 x 150 x 75 x 148
  • Subdivision Name: Engleside
  • Directions: From I-85 S take Albertson Rd. exut, then Turn left onto Mt Calvary Rd. Turn left onto Lexington Ave, Turn left onto Moore St, Turn right onto Davidson St, Turn left onto Moore St. Moore St turns right and becomes Evans Ave. Properties on the left.
  • Year Built: 1996
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • TRIADMLS_ApproxSqFtRange: 4200 - 5000
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1603900030001000
  • Zoning: R8
  • TRIADMLS_PlatPage: 55
  • TRIADMLS_PlatBook: 25
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Number Of Units Furnished: None
  • Annual Gross Income: 33300
  • Number Of Units Leased: 5

Tax Info

  • Tax Annual Amount: 3234
  • Tax Lot: 1, 3, 4
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.339

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $330,000 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1022939

Triad MLS