20 UNITS IN DOWNTOWN GREENSBORO

PRICE:
$ 2,100,000
STATUS:
Sold
ADDRESS:
1104 W Friendly Ave, Greensboro, NC 27401, USA
OVERVIEW:

SOLD 10/8/20 FOR $2,050,000

This offering of 20 units, located within walking distance of downtown Greensboro and The University of North Carolina at Greensboro (UNCG), is comprised of sixteen units at 1104-1110 W. Friendly Avenue (known as The Gas Light Apartments) and four units at 206 N. Mendenhall Street. The properties are located one block from each other on opposite sides of the First Baptist Church campus. The owner recently renovated units which feature hardwood floors, stainless steel appliances, new kitchen cabinets, updated fixtures and more. This is an excellent opportunity to acquire a stabilized asset in an established sub-market.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
4 UNITS - 1110 W. FRIENDLY 2 BD/1 BA, SHARED LAUNDRY 790 SF $950 MKT
8 UNITS - 1106 & 1108 W. FRIENDLY 1 BD/1 BA, INCLUDE WASHER/DRYER 650 SF $850 MKT
4 UNITS - 1104 W. FRIENDLY 1 BD/1 BA, SHARED LAUNDRY 650 SF $799 MKT
4 UNITS - 206 N. MENDENHALL 2 BD/1 BA, INCLUDE WASHER/DRYER 1,090 SF $1,015 MKT
PROPERTY INFORMATION
PIN 7864270012, 07864178054, 7864279038
Tax Value $1,243,600
Taxes $17,323
Lot Size .45, .47, AND .20 ACRES
Year Built 1940, 1925
Exterior BRICK, WOOD
Floors HARDWOOD, TILE
Foundation BASEMENT
HVAC CENTRAL AIR, HEAT PUMPS OR GAS HEAT
Utilities OWNER PAYS WATER AND DUMPSTER
Legal Description GAS LIGHT APTS/W FRIENDLY, 206 N MENDENHALL ST
Appliances RANGE, REFRIGERATOR, DISHWASHER*, STACK WASHER & DRYER* (*ONLY IN SOME UNITS)
Zoning RM & RS-7

Location Map

20 UNITS IN DOWNTOWN GREENSBORO
Address: 1104 W Friendly Ave, Greensboro, NC 27401, USA Price: $ 2,100,000 Unit: