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Franklin Bellamy

franklin@unlockingrealestate.co +1(704) 904-5142

$ 1,800,000

Est. payment -/mo

Save

Active

48708 Highway 52 HWY Richfield, NC 28137

24 Baths

8 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type None

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4293669

Year Built 1969

Lot Size 8.000 Acres

Acres 8.0

Property Sub-Type None

Property Description

12 All brick buildings with 23 apartment units, approximately 21,900 heated square feet, on 8 acres, zoned Highway Business, average yearly operating income $212,676, average yearly expenses $102,452.58, average net income $110,223. 16 of the 23 units have been renovated with heat pumps, replacement windows, LVP flooring, paint, & fixtures. There's room to build additional buildings & units if desired. Property is serviced by public water supply & on site private sewer treatment system. Great location right on Highway 52 just outside Phifer University & near Hwy 49 with quick commute to Kannapolis, Concord, & Charlotte NC.

Location

State NC

County Stanly

Zoning H-B

Interior

Inclusions Building, Business, Equipment, Fixtures, Land

Exterior

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 36

Building

Lot Description Cleared, Level

Dwelling Type Site Built

Structure Type Brick Full

New Construction false

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by Keith Knight • Wallace Realty • keitheknight@gmail.com

This is the second house that we've purchased using Franklin's services. We've enjoyed working with him both times. He truly tries to help you find exactly what you are looking for. Franklin is very dedicated to his customer's needs, attentive to details, extremely knowledgeable and has great work ethics. And overall Franklin is a good guy. If you need to buy or sell property with minimal stress, I strongly recommend you call Franklin. "-

Iryna T.

+1(704) 904-5142

franklin@unlockingrealestate.co

1800 Central Ave, Charlotte, NC, 28205, USA