622/624 Williamson Avenue, Elon, NC 27244

$525,000

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List Price: $525,000
MLS#: 1238273
Status: ACTIVE
Type: Multifamily
Subtype: Duplex
Lot Size: 14,810

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Property Description

Excellent investment opportunity near Elon! This duplex offers two spacious units, each featuring 3 bedrooms and 3 full baths, for a total of 6 bedrooms and 6 full baths. Situated on a desirable corner lot, the property is currently tenant occupied, with one unit renting for $1,725 per month and the other for $1,650 per month, generating a combined $3,375 in monthly rental income. Conveniently located near Elon University, shopping, dining, and major roadways. Whether you're looking to expand your investment portfolio or secure an income-producing property in the Elon area, this duplex is an opportunity you don't want to miss!

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Additional Information

Acres: 0.34
Appliances: Gas Water Heater
Cooling Type: Central Air
Elementary School: Elon
Flooring: Carpet, Vinyl
Heating: Forced Air, Heat Pump, Electric, Natural Gas
Heating Fuel: Electric, Natural Gas
High School: Western
Lot Dimensions: See PLAT
Lot Size: 14,810
Middle School: Western
Parking: Driveway
Sewer: Public Sewer
Show Street Address: Yes
Style: Modular
Total Units: 2
Water: Public
Water Heater: Gas
Year Built: 2006