Primary on Main
Listed By:
Allen Tate Oak Ridge Commons -
Address
1851/1853/1855 Barnes Street, Reidsville, NC
Price
$ 180,000
Property Attributes
  • ID#1139384
  • TypeSingle Family
  • CountyROCKINGHAM
  • CityReidsville
  • Zip27320
  • StyleBungalow
  • Price$ 180,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size0.61 Acres
Data Source:
Triad MLS (TRIADMLS)
Property Description

This unique investment property located just off Barnes St. encompasses 3 rental units that must be sold together,presenting a valuable opportunity for investors.The portfolio includes two 2-bedroom, 1-bath homes and one 1-bedroom, 1-bath home, collectively generating approximately $1,700 in monthly rents.Current occupancy details reveal that two homes are rented, maintaining a steady income flow,while the third home is available for showings,offering flexibility for potential occupancy or upgrades.It is believed that there are 2 septic systems; one standalone system for a single home, and another shared between the two remaining homes.This property offers a unique bulk-buy investment opportunity and requires buyers to verify all property details to ensure an informed investment decision.This investment is ideal for those looking to expand their portfolio w/ a stable income-producing property that also offers room for rent increases and value addition through strategic improvements.

Elementary School Middle School High School
Williamsburg Elementary School Reidsville Middle School Reidsville High School
Price History
4/15/2024 Listed $180,000

General Features

Sewer Septic Tank,Shared Septic
Heating See Remarks
Cooling Window Unit(s)
Appliances Electric Water Heater
Architectural Style Bungalow
Pool Features None
Construction Materials Vinyl Siding
Year Built 1927
Property SubType Stick/Site Built
Property Type Residential
HOA / Comm Assn No
Subdivision Name None
Total Rooms 5
High School Reidsville
Elementary School Williamsburg
Middle/Junior High School Reidsville
Additional School Info Zone Buyer to Verify Schools
Fenced No
Pool Y/N No
Porch Y/N Yes

Interior Features

Basement Crawl Space
Flooring Carpet,Vinyl
Heating Fuel Remarks
Total Heated Finished SqFt Range 600 - 800
Water Heater Electric
Primary On Main Yes

Exterior Features

Fencing None
Parking Features Driveway
Lot Features Level,Partially Cleared,Partially Wooded
Water Source Public
Lot Dimensions .61 Acres
Lot Size Acres 0.61
Acres Range 1 - 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 27320

Price
AVG $390K
$180K
Visits
AVG 87
15
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1927

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