71 E Cheek St - Apartments FOR SALE


Sparta, NC 28675
$425,000 USD
336-657-7294
71 E Cheek St, Sparta, NC for Sale
$425,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

71 E Cheek St
Sparta, NC 28675


HIGHLIGHTS

  • Fiber Optics.
  • Walk to downtown, restaurants, banks, post office, grocery store and churches.
  • 4 Units on the Main Level and 2 on the Lower Level.

OVERVIEW

Prime Location – Strong Investment Opportunity Six-unit apartment building with four main-level units and two lower-level units, each with a unique layout. Five units have electric baseboard heat; one has a heat pump. Town water/sewer. Currently four units rented, one owner-occupied, and one operating as an Airbnb. Recent updates include new hot water heaters, new flooring, partial window replacements, and new siding on one side. Four units have in-unit laundry; Units 5 & 6 share a utility room. Fiber-optic internet available. Walk to downtown, restaurants, grocery, bank, post office, and more. A solid income-producing property in a convenient location. Schedule a showing today.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$82 USD /SF

# OF UNITS

6

PRICE/UNIT

$70,833

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

TOWN

APN/PARCEL ID

3070793331

ASK ABOUT THIS PROPERTY

Shirley RichardsonFoxfire Realty Inc.More Info
336-657-7294

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Shirley RichardsonFoxfire Realty Inc.More Info
336-657-7294

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.