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227 Mitchell Ave

6 Unit Apartment Building $1,173,008 CAD ($195,501 CAD/Unit) Salisbury, NC 28144

Investment Highlights

  • Fully Occupied
  • Income Potential
  • Prime Location
  • Well-Maintained Property

Executive Summary

This multi-family property, located in a desirable area, consists of six fully occupied apartments, providing a steady stream of rental income. With a total of 6,127 square feet, the building offers a spacious living environment for tenants. Priced at $869,900, this property presents a solid investment opportunity in the growing rental market. Its strategic location and established occupancy make it an attractive option for investors seeking reliable returns.

Property Facts

Price $1,173,008 CAD
Price Per Unit $195,501 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.32 AC
Building Size 6,127 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1945/2006

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

zoning

Zoning Code MF (Multi Family)
MF (Multi Family)
  • Listing ID: 33776614

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 227 Mitchell Ave, Salisbury, NC 28144

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