Positioned within a growing Greensboro revitalization corridor, this grandfathered multifamily investment property offers a unique opportunity to acquire an asset located within a commercial overlay district just minutes from NC A&T State University, downtown Greensboro, shopping, dining, entertainment, and major transportation routes.
Built in 1955, the property presents an excellent value-add opportunity for investors seeking to renovate, reposition, or expand their portfolio in a strategic location experiencing continued investment and growth. The grandfathered multifamily use provides a unique opportunity within the commercial overlay district while allowing investors to capitalize on the area's long-term potential.
Seller is also offering the adjacent investment property(parcel 10380), for sale and prefers a simultaneous purchase of both parcels but will consider separate offers.
Property is being sold as-is. Buyers are encouraged to verify zoning, overlay requirements, permitted uses, and development opportunities with the City of Greensboro. Showings by appointment only. Current occupancy is subject to unwritten rental arrangements. Please do not disturb occupants.