1815 Willora Street, Greensboro, NC 27406

$174,900

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List Price: $174,900
MLS#: 1238386
Status: ACTIVE
Type: Multifamily
Subtype: Duplex
Lot Size: 10,454
Neighborhood: Southmont

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Property Description

Priced to sell on investment fundamentals alone. Brick duplex with two 2BR/1BA units, at $87,450 per door and about 10x gross rents. Both units are month-to-month at $650 and $795/mo ($17,340/yr gross), well below market rent, so a new owner has immediate upside at renewal or turnover. Separate entrances, rear gravel parking, laminate and vinyl.flooring throughout. Unit B is well kept; Unit A is ready for a refresh. Brick construction keeps exterior upkeep low. Sold as-is. The adjacent 1813 Willora is also listed (same owner). Occupied, so please do not disturb residents. No showings without an offer in hand. Due diligence fee will not change hands until buyer (or buyer's representative) has walked the property. Rent roll and leases on request.

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Additional Information

Acres: 0.24
Appliances: Electric Water Heater
Built Information: Existing
Cooling Type: Window Unit(s)
Environmental Hazards: No
Flooring: Vinyl
Furnished Units: 2
Heating: Baseboard, Electric
Heating Fuel: Electric
Land Description: City Lot
Lot Description: City Lot
Lot Size: 10,454
Parking: Driveway, On Street
Sewer: Public Sewer
Show Street Address: Yes
Style: Two Story
Subdivision: Southmont
Total Units: 2
Water: Public
Water Heater: Electric
Year Built: 1968