NOT LISTED FOR SALE

1746 & 1748 S Scales St Reidsville, NC 27320

-- Bed
-- Bath
-- Sq Ft
0.91 Acres

Last Sold December 31, 2020

Last sale price $403,000

8 Days on Market

Highlights

  • No HOA
  • Central Air
  • Carpet

About This Home

As of December 2020

Located on tree lined South Scales street and within walking distance of Country Club, shopping and restaurants is a beautiful two story 8 unit complex with an adjacent house 100% occupied with long term tenants. Well maintained throughout the building and grounds. FOUR units offer 2BR, 1.5 bath, washer/dryer hook up. FOUR units offer 1BR, 1Bath, washer/dryer hookup. All appliances provided by landlord. Owner in process of replacing roof on apartments. Ask to see feature sheet for income and standard expenses. The tenants have lived in the units so long that the owner chose to keep their rents from going up drastically over the years. 1746 S. Scales Street house has 30 year tenant in place at $450 per month five year lease due to tenant's age, the tenant maintains their own grounds and pays all utilities (see letter from seller attached). SELLER RESERVES STORAGE BUILDING.

Last Agent to Sell the Property

Teresa Knowles

CENTURY 21 THE KNOWLES TEAM License #169794 Listed on: 10/26/2020

CENTURY 21 THE KNOWLES TEAM

Co-Listed By

Renee Stanley

CENTURY 21 THE KNOWLES TEAM License #289388

Last Buyer's Agent

Stephanie Andrew

Realty One Group Results Greensboro License #200516

Realty One Group Results Greensboro

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 1972

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 180 x 220 x 180 x 225

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Laundry

  • Washer and Dryer Hookup

Schools

  • Reidsville Middle School
  • Reidsville High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 152326
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • 7,442 Sq Ft Building

Building Details

  • 8 Leased Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,224

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.91
  • Lot Size: 180 x 220 x 180 x 225
  • Co List Office Mls Id: GKAI02
  • Co List Office Phone: 336-342-2022
  • Directions: US-29 N, Take exit 145 for US-29 BUS, Continue onto US-29 BUS N, Continue straight onto S Scales St, property will be on the left.
  • Year Built: 1972
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • TRIADMLS_ApproxSqFtRange: 6600 - 7900
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Paved

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: South End
  • High School: Reidsville
  • Middle Or Junior School: Reidsville

Lot Info

  • Parcel #: 152326
  • Zoning: COMM & RES 12
  • TRIADMLS_PricePerAcre: 445054.9451
  • TRIADMLS_DeedPage: 2449
  • TRIADMLS_DeedBook: 1311
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units Total: 8
  • Number Of Units Leased: 8

Tax Info

  • Tax Annual Amount: 4224.13
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.43

Range of Values:

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Average Value
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List Price
Sold Price
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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
12/31/2020 12/31/20 Sold $403,000 -0.5% --
11/04/2020 11/04/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $405,000 -- --
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: 000765

Triad MLS