Greensboro, NC 27405,3425 Martin Avenue
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Greensboro, NC 27405,3425 Martin Avenue
Greensboro, NC 27405,3425 Martin Avenue
Greensboro, NC 27405,3425 Martin Avenue
Greensboro, NC 27405,3425 Martin Avenue
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Listed by Keller Williams Central
$ 400,000
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3425 Martin Avenue Greensboro, NC 27405

3,790 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,790 sqft

Price per Sqft $105

Subdivision Not In A Subdivision

MLS Listing ID 10134645

Abv Grd Liv Area 3,790

Year Built 1962

Annual Tax Amount $2,858

Lot Size 0.610 Acres

Acres 0.61

Property Sub-Type Multi Family

Source Triangle MLS

Property Description

A distressed multifamily property with potential for value addition. It comprises a total of 5 units. Two of these units are currently leased on a month-to-month basis at a rate of $950 per month. The remaining three units are vacant and have been updated with new flooring, windows, and paint. Tenants are responsible for their electric bills, (Individually metered) while the owner covers the costs of water, sewer, and trash services. The owner has indicated that no T-12 or rent rolls are available. The market rent is conservatively estimated at $1045 per month for each unit. Rent comps in documents and can be provided.

Location

State NC

County Guilford

Zoning RM-12

Direction From I-40/I-85 Exit 131 slight right toward I-785 N/I-840 W and merge. Take exit 14B-A for US-29 S ramp. Turn right onto McKnight Mill Rd. Turn right onto Martin Avenue

Exterior

Private Pool No

Building

Building Description Block,Brick, Total Area Heated

Faces From I-40/I-85 Exit 131 slight right toward I-785 N/I-840 W and merge. Take exit 14B-A for US-29 S ramp. Turn right onto McKnight Mill Rd. Turn right onto Martin Avenue

Story 1

Level or Stories 1

Structure Type Block,Brick

New Construction No

Others

Senior Community No

Tax ID 0046755

Special Listing Condition Standard


Doorify MLS / Triangle MLS
Choices Team

Choices Team

Broker | License ID: 311950

+1(919) 322-8090

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3425 Martin Avenue