E
Seller's Agent in 2020
Eddie Howell
Coldwell Banker Carver-Pressley, Realtors
(704) 898-1143
10 Total Sales
1024 Avondale Rd Lowell, NC 28098
24
Beds
16
Baths
6,552
Sq Ft
1.37
Acres
About This Home
As of June 2020!!!Attention Investors!!! Here is an opportunity to add 16 units of multifamily real estate to your rental portfolio. The complex consists of 2 buildings that have 12 bedrooms each. All of the units are currently vacant. the owners plans were to rehab and lease up. due to currently being tied up on other projects the seller has decided to sale. some of the units do need rehab work. some just need cosmetics and others may need a little more TLC. This a great opportunity for someone that is already in the multifamily business. Potential rents of 145-150k annual gross after being brought to 100% occupancy rate.
Last Agent to Sell the Property
Coldwell Banker Carver-Pressley, Realtors License #277068 Listed on: 06/09/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 1.37
Home Design
- Brick Exterior Construction
Additional Features
- 16 Full Bathrooms
- Crawl Space
- Septic Tank
Listing and Financial Details
- Tenant pays for cable, electric heat, electricity, gas, water, all utilities
- Rent includes exterior maintenance, interior common lights, outdoor lighting, sewer
- Assessor Parcel Number 128268
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2020 06/30/20 | Sold | $740,000 | -2.0% | $113 / Sq Ft | |
| 06/09/2020 06/09/20 | Pending | -- | -- | -- | |
| 06/09/2020 06/09/20 | For Sale | $754,900 | +115.7% | $115 / Sq Ft | |
| 01/31/2014 01/31/14 | Sold | $350,000 | -41.6% | $27 / Sq Ft | View Prior Sale |
| 11/22/2013 11/22/13 | Pending | -- | -- | -- | |
| 04/18/2011 04/18/11 | For Sale | $599,000 | -- | $46 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,826 | $675,950 | $0 | $675,950 |
| 2024 | $4,826 | $675,950 | $0 | $675,950 |
| 2023 | $4,698 | $675,950 | $0 | $675,950 |
| 2022 | $2,248 | $244,320 | $42,250 | $202,070 |
| 2021 | $2,194 | $244,320 | $42,250 | $202,070 |
| 2020 | $2,194 | $244,320 | $42,250 | $202,070 |
| 2019 | $2,218 | $244,320 | $42,250 | $202,070 |
| 2018 | $1,999 | $211,744 | $25,350 | $186,394 |
| 2017 | $1,999 | $211,744 | $25,350 | $186,394 |
| 2016 | $1,999 | $211,744 | $0 | $0 |
| 2014 | $1,921 | $208,791 | $25,350 | $183,441 |
Source: Public Records
Agents Affiliated with this Home
-
Eddie Howell
-
Carla Howell
Seller Co-Listing Agent in 2020
Carla Howell
Coldwell Banker Carver-Pressley, Realtors
(704) 616-0872
5 in this area
261 Total Sales
-
Joshua Fannin
Buyer's Agent in 2020
Joshua Fannin
Providence Management & Investments LLC
(704) 853-0025
108 Total Sales
-
T
Seller's Agent in 2014
Timothy Kolubinskyj
Empire RE Advisory Services
-
Robert Wilson
R
Buyer's Agent in 2014
Robert Wilson
Bob Wilson Realty, Inc
(704) 617-8081
74 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3628268
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