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427 S Main St
Asheboro, NC 27203

$1,895,000 USD

Apartments For Sale  •  15,480 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,480 SF
  • Lot Size 0.98 AC
  • Building Class B
  • Year Built 1979
0 Transit Score
71 Walk Score

Highlights

CONVENTIONAL 20-UNIT MULTIFAMILY in the heart of Asheboro, North Carolina
EXCELLENT VALUE-ADD OPPORTUNITY with over 25% upside potential on rents
MAJOR CAPITAL IMPROVEMENTS include newer roofs and exterior staircases on all buildings
SOME RECENT UNIT UPDATES completed, ready for new owner to maximize rents by upgrading all units
WALK TO DOWNTOWN ASHEBORO with easy access to Greensboro/Winston-Salem/High Point and several major arteries

Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 47 min - 34.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Mike Siciliano 919-610-2695 Apartment Core
Mike Siciliano 919-610-2695 Apartment Core