$275,000
$295,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,840 SqFt
SOLD DATE : 05/16/2023
Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,840 sqft
Price per Sqft $149
Subdivision Not In Subdivision
MLS Listing ID 100376971
Sold Date 05/16/23
Style Wood Frame
Bedrooms 3
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 1950
Annual Tax Amount $1,735
Lot Size 0.790 Acres
Acres 0.79
Lot Dimensions 216.22X231.45X100X200.07
Property Description
Busy corner w/ tremendous traffic count & visibility .79 Acre zoned RM-1, Multi-Fam w/ potential to be Office Service zoning w/ town approval. Current use: Duplex unit w/ outbuilding storage. Unit 1: 1st floor, 840 SF 2BR/1BA w/ laundry & Oak HW floors. Unit 2: 2nd floor 1,000 SF 1BR/1BA w/ laundry, HW floors, vaulted ceilings, rear deck w/ access from rear exterior stairs. 1 power/electric meter & 1 water meter currently. Under duplex is large drive thru garage: 25'x30' w/ storage rm. Additional: detached 27'x22' frame 2 car garage w/ loft. Also large metal building 50'x30' w/ 18 ft eave height, 2 over sized drive thru doors & 30'x16' floored loft storage area w/ stairs. Would make excellent contractors office & storage or convert outbuildings to more multi-family units. RM-1 zoning permits 7 total units on this site. Perhaps covert storage to additional units or just rent the storage areas? OR
Remove some or all buildings, apply for a zoning change. Note: current tenants are long term month to month and rent paid is well below the market, owner currently pays all utilities. Natural gas heat. Interior of duplex to be shown after storage areas are shown and proof of funds or loan pre-approval is obtained.
Apartment 2 can have a wall built to make dining room 2nd bedroom. Central A/C is inoperable as it needs a new coil replaced. Units share 1 thermostat. Staircase from garage to units has been blocked off. Seller reserves the right to leave various personal property-Offer must reflect this.
Location
State NC
County Moore
Community Not In Subdivision
Zoning RM-1
Direction From 15/501 turn onto Murray Hill Road. Follow down- on corner of Richards Street and Murray Hill Road.
Rooms
Basement None
Interior
Interior Features Wash/Dry Connect, Workshop, Master Downstairs, 2nd Kitchen, Vaulted Ceiling(s), Ceiling Fan(s), Eat-in Kitchen
Heating Heat Pump, Forced Air, Natural Gas
Flooring Vinyl, Wood
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Appliance Stove/Oven - Gas, Refrigerator
Laundry Hookup - Dryer, Washer Hookup
Exterior
Garage Additional Parking, Asphalt, See Remarks, Circular Driveway, Off Street, On Site, Paved
Garage Spaces 10.0
Utilities Available Water Connected, Sewer Connected
Waterfront No
Roof Type Metal,Shingle,Composition
Porch See Remarks, Deck
Building
Lot Description Corner Lot
Story 2
Foundation Slab
Sewer Municipal Sewer
Water Municipal Water, Well
New Construction No
Others
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition None
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5960 Fairview Rd Ste. 400, Charlotte, NC, 28210, United States