202 Laurel AVE Active

Wadesboro,NC 28170

$ 1342500

- Bed

0 Bath

15600 SqFt


Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,600 sqft

Price per Sqft $86

Subdivision Not In Subdivision

MLS Listing ID 100498249

Style Wood Frame

HOA Y/N No

Originating Board Hive MLS

Year Built 2002

Lot Size 14.510 Acres

Acres 14.51

Lot Dimensions Irregular

Property Sub-Type Multi-Family

Property Description

Twenty-four(24) unit income restrictive multifamily property located in Wadesboro. In addition to the 24 units that site on 4.28 acres, there are two additional 10.23 acres of vacant land that is included with the sale, There are rent restrictions on 10 units at 50% of Anson County MFI and 14 units at 60% MFI. There are not deed restrictions to the vacant land. The deed restriction on the income does expire in the next few years. Possible financing arrangement available through NCHFA. Great investment opportunity with expansion options.

Location

State NC

County Anson

Community Not In Subdivision

Zoning R-20

Direction 74 West to 52 South, right on Morven Road, then left on Burns and then Right on Laurel Avenue.

Rooms

Basement None

Interior

Heating Electric,Forced Air

Cooling Central Air

Flooring Carpet,Vinyl

Exterior

Parking Features Private,Parking Lot,Asphalt,Off Street,On Site,Paved

Amenities Available Laundry,Trash

Waterfront Description None

Roof Type Shingle

Building

Lot Description See Others

Foundation Slab

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Others

Tax ID 6473-0-8-88-5

Acceptable Financing See Remarks,Cash,Conventional

Listing Terms See Remarks,Cash,Conventional

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