110 S Raleigh Street, Greensboro, NC 27401

$830,000

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Sold Price
$830,000
List Price
$877,300
Closing Date
Dec 16, 2025
MLS#
1201291
Status
CLOSED
Type
Multifamily
Subtype
Remarks
Lot Size
27,878

Property Description

Great Investment Opportunity: 8 Single Family style bungalow units that are each 3 bedrooms and 1 bath each with central HVAC on one parcel of land together. Six of the Eight Units are currently rented. Potential $98,400 annual rental income & 7.7% CAP Rate based on Pro-Forma. Roofs were done in approximately 2018 and Central HVAC's have been updated as needed. An un-occupied unit is available for showings. Occupied Units & Tenants are not to be disturbed. See Agent Only for documents and rent roll. Sold As-Is at a great value for new owner to reposition the property to it's fullest extent.

Additional Information

Acres
0.64
Built Information
Existing
Cooling Type
Central Air
Furnished Units
8
Heating
Forced Air, Electric, Natural Gas, See Remarks
Heating Fuel
Electric, Natural Gas, Remarks
Lot Size
27,878
Parking
Driveway, Gravel, On Street
Sewer
Public Sewer
Show Street Address
Yes
Total Units
8
Water
Public
Water Heater
Unknown
Year Built
1930

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Real Property Management Triad. Contact:

Selling Office: CKG Realty LLC.