An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Reidsville. Home could certainly be converted back into a single family home again, if desired, but do note each of the main floor units are metered separately. The two upstairs units share the same power meter and water meter so the rent includes these two utilities. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1 $875 (Lease expires 12/2025); Unit 2 $550 (Month-to-Month); Unit 3 $725 (Lease expires 1/2026); Unit 4 $815 (Lease expires 1/2026).
MLS # | 4243693 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1937 |
Days On Site | 100 |
Listing Provided By | Coldwell Banker HPW | Bryan Guarnieri |
Bed(s) | 5 |
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Bath(s) | 7 Total |
SQ Feet | 3,528 |
Story(s) | 2 |
Units | 4 |
Acreage | 0.23 |
Cooling | Varies by Unit |
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Heating | Separate Meters, Other - See Remarks |
Appliances | Other |
Construction Materials | Other - See Remarks |
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Foundation Details | Crawl Space |
Garage Yes / No | No |
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Parking Features | Parking Lot |
List Aor | Raleigh Regional Association of Realtors |
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Property | 151576 |
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State | NC |
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County | Rockingham |
City | Reidsville |
Zip Code | 27320 |
Area | Rockingham |
School District | Reidsville High |
Elementary School | Unspecified |
Middle School | Reidsville Middle |
High School | Reidsville High |