NOT LISTED FOR SALE

400 Blk Gilmer Street Extension Reidsville, NC 27320

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

Last Sold May 20, 2022

Last sale price $300,000

48 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Carpet

About This Home

As of May 2022

MULTIPLE OFFERS - Please submit Highest & Best offers by Wednesday, April 13, 2022 at 12:00pm (noon)

Great Investment property located in Downtown Reidsville. This 2 story property has 4 units each with 2 bedrooms, 1 bath. Lower level units have patio that overlooks the shared back yard area. Each unit is currently occupied with good rental history. Rental history ranges from 2-20 years with rents that range from $400 - $450 a month. Unit 4 has been updated with laminate and vinyl flooring. This property is being sold as is. Showings will begin Saturday, March 5. Showings will be available between 10 am to 4 pm daily.

Last Agent to Sell the Property

Carla Keenan

Keller Williams Realty License #283301 Listed on: 03/04/2022

Keller Williams Realty

Last Buyer's Agent

Matthew Kiser

Keller Williams Realty Elite License #330729

Keller Williams Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,567

Year Built

  • Built in 1989

Lot Details

  • 0.71 Acre Lot

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 154677
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,567

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.71
  • Lot Size: 212ft x 66ft x 7ft x 84ft x 203ft x 157ft
  • Directions: From S. Main Street in Reidsville, turn onto Gilmer Street Ext. Property is the last one on the left. Pull into parking lot.
  • Architectural Style: Two Story
  • Year Built: 1989
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Paved

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 154677
  • Zoning: R6RD
  • TRIADMLS_AcresRange: 1 - 1

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 1566.57
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.434

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
05/20/2022 05/20/22 Sold $300,000 -6.2% --
04/22/2022 04/22/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $319,900 -- --
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: 1060831

Triad MLS