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720 Dillard ST Greensboro, NC 27403
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Key Details
Sold Price $443,000
Property Type Single Family Home
Sub Type Rooming House
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1145638
Sold Date 12/07/24
HOA Y/N No
Originating Board Triad MLS
Year Built 1928
Property Description
Back on Market due to Buyer Non-Performance
INVESTMENT OPPORTUNITY
Seller Financing Available!
45 DAY CLOSINGS
DD MONEY
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. 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.
Location
State NC
County Guilford
Interior
Heating Baseboard, Forced Air, Electric
Cooling Window Unit(s)
Appliance Electric Water Heater
Exterior
Pool None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
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Bought with Majestic Realty & Property Consultants