510 Piedmont Street, Reidsville, NC 27320

$254,900

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List Price
$254,900
Price Change
▼ $15,000 1779158981
MLS#
1123582
Status
ACTIVE
Type
Multifamily
Subtype
Quadruplex
Lot Size
15,681

Property Description

An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Reidsville. New roof within the past year! New vinyl siding installed in early 2025! Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1: $550 (Month-to-month); Unit 2: $525 (Month-to-month); Unit 3: $600 (Lease expires 10/31/2025); Unit 4: $600 (Lease expires 2/2026)

Additional Information

Acres
0.36
Appliances
Electric Water Heater
Built Information
Existing
Cooling Type
Window Unit(s)
Elementary School
Moss Street
Furnished Units
4
Heating
Baseboard, Electric
Heating Fuel
Electric
High School
Reidsville
Land Description
City Lot
Lot Description
City Lot
Lot Dimensions
98 x 155 x 100 x 154
Lot Size
15,681
Middle School
Reidsville
Parking
Driveway, On Street
Sewer
Public Sewer
Show Street Address
Yes
Style
Two Story
Total Units
4
Water
Public
Water Heater
Electric
Year Built
1937

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 COLDWELL BANKER - HP&W. Contact: