FRIENDLY 1104 – 20 UNITS | GREENSBORO, NC
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.
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 |
Agent Information Thomas T Furlow
Location Map
FRIENDLY 1104 – 20 UNITS | GREENSBORO, NC
Address:
1104 W Friendly Ave, Greensboro, NC 27401, USA
Price: $
2,100,000
Unit: