Located in downtown Reidsville is this excellent investment opportunity offering three rental apartments and a retail/commercial space fronting Gilmer St with a separate entrance from the rental units. Installation of utility rough-ins are complete. The apartments can be quickly completed and offered for rent. The retail/commercial space as well needs finishing to be available for rent. This property can provide four income streams to the new owner. Excellent opportunity for an investor that understands the value of new infrastructure in a 1922 era building that is located within easy walking distance to downtown. Offers subject to approval by the owner and mortgage holder.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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