622 & 624 S Williamson Avenue, Elon, NC 27244

$489,000
List Price
$489,000
MLS#
1129205
Status
PENDING AB
Type
Multifamily
Subtype
Duplex
Lot Size
14,984

Property Description

***Back on the Market*** Buyer financing failed due to a change in the zoning code in Elon. This Multifamily property is grandfathered but there since there will be no additional Duplexes permitted, it's even MORE UNIQUE!! Amazing TURN KEY Investment property for students, or Primary home with rental income! Townhome style Duplex Minutes from Elon University and 40/85. Close to shopping, restaurants and everything you need! Fully renovated with new LVP, Paint, and HVAC! One unit leased until April 30 2024 and one just became vacant! Each unit will rent OVER $2400 ($800 per bedroom for students) Total $4800 per Month! 1350 sqft each! Showing Unit 624 Only- Do Not Disturb Tenants!

Additional Information

Acres
0.34
Appliances
Electric Water Heater
Built Information
Existing
Cooling Type
Central Air
Heating
Forced Air, Electric
Heating Fuel
Electric
Lot Dimensions
14322
Lot Size
14,984
Parking
Driveway, Gravel
Sewer
Public Sewer
Show Street Address
Yes
Style
Modular
Total Units
2
Water
Public
Water Heater
Electric
Year Built
2006

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX DIAMOND REALTY. Contact: