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15 College St 2 Unit Apartment Building $229,900 ($114,950/Unit) 7.49% Cap Rate Thomasville, NC 27360
Investment Highlights
- Renovated over the years newer (Interior and Exterior)
- Unit A has laminate flooring, fresh paint, and lighting upgrades.
Executive Summary
A nicely renovated duplex located in Thomasville NC, containing a total of +/-2,400 SF, (Unit A: 1 Bed and 1 Bath, Unit B: 3 Bed/1 Bath
and located on +/-0.11 AC of land zoned residential – per the Davidson County Tax card.
Renovated over the years, to include newer windows, doors (interior & exterior), asphalt shingled roof, vinyl siding,
concrete surface parking, central heat and air, modern kitchen build out with wooden cabinets, vinyl counter top,
built in dishwasher (unit A), laminate flooring, fresh paint, and lighting upgrades. The duplex is individually metered for water,
and each unit has clothes washer and dryer connections.
and located on +/-0.11 AC of land zoned residential – per the Davidson County Tax card.
Renovated over the years, to include newer windows, doors (interior & exterior), asphalt shingled roof, vinyl siding,
concrete surface parking, central heat and air, modern kitchen build out with wooden cabinets, vinyl counter top,
built in dishwasher (unit A), laminate flooring, fresh paint, and lighting upgrades. The duplex is individually metered for water,
and each unit has clothes washer and dryer connections.
Property Facts
| Price | $229,900 | Apartment Style | Townhome |
| Price Per Unit | $114,950 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.49% | Building Size | 2,400 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1916/2010 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R6 - Residential | ||
| Price | $229,900 |
| Price Per Unit | $114,950 |
| Sale Type | Investment |
| Cap Rate | 7.49% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,400 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1916/2010 |
| Opportunity Zone |
Yes |
| Zoning | R6 - Residential |
Amenities
Unit Amenities
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $850.00 | - |
| 3+1 | 1 | $1,100 | - |
1 1
Property Taxes
| Parcel Number | 16-071-0-00G-0001-0-0-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $140,220 |
Property Taxes
Parcel Number
16-071-0-00G-0001-0-0-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$140,220
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15 College St
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