720 Dillard St | Greensboro, NC 27403
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720 Dillard St
Greensboro, NC 27403
Multifamily Property For Sale · 3 Units
Executive Summary
CONTRACT FELL THROUGH BACK ON MARKET
INVESTMENT OPPORTUNITY
45 DAY CLOSINGS
DD MONEY
Seller Financing Available! AS IS!!! A 12 room rental property, rooms are rented on an individual basis. Potential to increase to 15 rooms. High demand for individual rooms performs very well. On first floor is 5 bedrooms, 1 bath, 1 kitchen and porch. On second floor is 5 bedrooms, 1 bath, 1 kitchen and porch. 2nd Home is set on Union Street with 3 bedroom 1 bath. This is a great property to purchase; you can reside in single family and rent 2 family out. Occupied/SOLD AS IS. No leases. Seller willing to give 2 Day Notices at an agreed upon time at after home inspection/appraisal if Buyer wants the tenants out of the home. 720 has 12 rooms and 9 rooms can be rented per City. 816 has 3 bedrooms 1 bath, kitchen and rear screened in porch. Buyer to verify. 12 units property in Greensboro, NC offered for sale at 8% cap rate. Has possibility of 15 units with approved waiver from City of Greensboro to add approximately $20,000.00 gross annual rent.
INVESTMENT OPPORTUNITY
45 DAY CLOSINGS
DD MONEY
Seller Financing Available! AS IS!!! A 12 room rental property, rooms are rented on an individual basis. Potential to increase to 15 rooms. High demand for individual rooms performs very well. On first floor is 5 bedrooms, 1 bath, 1 kitchen and porch. On second floor is 5 bedrooms, 1 bath, 1 kitchen and porch. 2nd Home is set on Union Street with 3 bedroom 1 bath. This is a great property to purchase; you can reside in single family and rent 2 family out. Occupied/SOLD AS IS. No leases. Seller willing to give 2 Day Notices at an agreed upon time at after home inspection/appraisal if Buyer wants the tenants out of the home. 720 has 12 rooms and 9 rooms can be rented per City. 816 has 3 bedrooms 1 bath, kitchen and rear screened in porch. Buyer to verify. 12 units property in Greensboro, NC offered for sale at 8% cap rate. Has possibility of 15 units with approved waiver from City of Greensboro to add approximately $20,000.00 gross annual rent.
PROPERTY FACTS
| Price Per Unit | $216,135 CAD | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 10.47% | Lot Size | 0.17 AC |
| No. Units | 3 | Building Size | 44,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1928/1994 |
| Price Per Unit | $216,135 CAD |
| Sale Type | Investment |
| Cap Rate | 10.47% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 44,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1928/1994 |
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
PROPERTY TAXES
| Parcel Number | 0006206 | Improvements Assessment | $258,353 CAD |
| Land Assessment | $24,495 CAD | Total Assessment | $282,849 CAD |
PROPERTY TAXES
Parcel Number
0006206
Land Assessment
$24,495 CAD
Improvements Assessment
$258,353 CAD
Total Assessment
$282,849 CAD
zoning
| Zoning Code | RM-12 (Residential Medium Density) |
| RM-12 (Residential Medium Density) |
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