Investment opportunity in Reidsville, NC! This property is officially zoned as a duplex but is currently configured as a quadplex, offering the potential for four rental units. The entire home has undergone a cosmetic rehab, showcasing fresh updates throughout. Please note that heating is provided by electric baseboard in some areas, but additional heating elements may be needed to ensure complete livability. Buyers should confirm all zoning and permitting requirements to align with their intended use. Don't miss this unique chance to expand your portfolio in a growing market! Buyer should verify all systems as seller has never occupied the home.
This 11.31 +/- acre property, conveniently located near US 158 and US 29 and just minutes from Lake Reidsville. This is 2 tracts being sold as one! The first parcel is currently operating as a mobile home park and includes three mobile homes, one of which is occupied on a month-to-month basis. You can continue to rent the lots or bring in your own mobile home. The second parcel features its own established driveway and includes a livable single-wide trailer. Whether you choose to rent it out or build your dream home, this parcel provides a secluded oasis with what could be a spacious, cleared backyard. Additionally, the property offers a wooded area with ATV trails, perfect for outdoor recreation, and an abundance of wildlife, creating a peaceful, nature-filled retreat. Whether for a dream home and/or income-generating potential, this property presents a rare and valuable opportunity. SHOWINGS BY APPOINTMENT ONLY. SEE AGENT REMARKS.
Amazing opportunity to own a quadplex with an incredible rental history: Unit 1: $550 (Expires 9/20/2024); Unit 2: $525 (Expires 6/30/2024); Unit 3: (Vacant. Last rented for $575); Unit 4: (Vacant. Last rented for $550); New roof within the past year!
Amazing opportunity to own a quadplex with an incredible rental history: Unit 1: Was $775 (Presently vacant for showings) Unit 2: $500 Unit 3: $650 Unit 4: $775
Reidsville is located in North Carolina. Reidsville, North Carolina has a population of 14,463. Reidsville is less family-centric than the surrounding county with 20.07% of the households containing married families with children. The county average for households married with children is 25.95%.
The median household income in Reidsville, North Carolina is $34,221. The median household income for the surrounding county is $46,993 compared to the national median of $69,021. The median age of people living in Reidsville is 45.4 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 28.9 degrees. The average rainfall is approximately 44.8 inches per year, with 6.3 inches of snow per year.