Huge property with a total of 6,048 sf including the full partially finished basements. Washer dryer hook-ups in each basement. 1805 is a 2+1 bdrm with a full & 3/4 bath with about an 80% finished bsmt with an egress window. 1807 is 3 bdrm with a full & 3/4 bath and about a 15% finished bsmt. 1809 is a 2+1 bdrm with a full bath and the bsmt is about 80% finished with an egress window. New roof in 2017. Separate hot water boilers and hot water heaters in each unit and the property is separately metered for gas and electric. (6) off-street assigned parking spaces. Huge 20,691 sf level lot - maybe room for garages or carports ? Separate fenced backyards for all units. New exterior paint about 4 to 5 years ago. No vacancy since early 2024. Rents appear to be below average and this property presents the new Owner with upside in potential rent increases as well as finishing basements and adding more bedrooms. Walking distance to the UNC Campus maybe offering upside for Student Housing ? Property also will be delivered with oil/mineral royalties - 2025 Royalty was $1,218 Net to Owner. All information provided is deemed to be reliable but not guaranteed. Buyer and Selling Broker are advised to verify information to their satisfaction. No Sign - No Lockbox - Please Do Not Disturb the Tenants - Need at least a 24 - 36 hour notice to make arrangements with the Tenant to show one unit then after an accepted Contract the other units can be shown. Thank you.
Listing courtesy of Cliff Wetherill.
crwetherill@gmail.com,303-469-4948
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