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2930 Keith Dr - Keith Duplex 2 Unit Apartment Building Offered at $350,000 at a 5.66% Cap Rate Sanford, NC 27332
Investment Highlights
- Great location.
Executive Summary
This property has 2 units that are 2 bed, 1 bath and 891 sq ft each. Both units are currently occupied with tenants renting month to month.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $350,000 | Lot Size | 0.40 AC |
| Price Per Unit | $175,000 | Building Size | 1,782 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.66% | No. Stories | 1 |
| No. Units | 2 | Year Built/Renovated | 1970/2018 |
| Property Type | Multifamily | Parking Ratio | 1.12/1,000 SF |
| Building Class | C | ||
| Zoning | R6 - Residential | ||
| Price | $350,000 |
| Price Per Unit | $175,000 |
| Sale Type | Investment |
| Cap Rate | 5.66% |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 1,782 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1970/2018 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | R6 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,175 | 891 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 9651-67-0930-00 | Total Assessment | $201,600 |
| Land Assessment | $30,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $171,600 | Tax Year | 2025 |
Property Taxes
Parcel Number
9651-67-0930-00
Land Assessment
$30,000
Improvements Assessment
$171,600
Total Assessment
$201,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 2
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Photos
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Presented by
Wreck2right LLC
2930 Keith Dr - Keith Duplex
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