511 Cummings Street, Gibsonville, NC 27249

$410,000

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List Price
$410,000
MLS#
1228874
Status
ACTIVE
Type
Multifamily
Subtype
Quadruplex
Lot Size
20,908

Property Description

Premium Quadplex Investment: 100% Occupied Cash Flow Powerhouse in Gibsonville Western Alamance. This 4-bedroom, 4-bathroom quadplex is not just a building—it's a high-performing asset generating immediate and consistent cash flow, currently 100% occupied with reliable tenants. Durable and stylish luxury vinyl plank flooring installed throughout all units, offering a contemporary look and easy maintenance. Recently installed electric mini-split AC systems in three units provide individualized heating and cooling for each unit, ensuring tenant comfort and reducing utility costs. Three kitchens have been modernized, while the bathrooms feature contemporary vanities, fixtures, and finishes, elevating the overall tenant experience. Situated in the highly desirable Western Alamance school district, this property appeals to a wide range of tenants, including families who value top-tier education, ensuring long-term stability and demand. Contact us today for the full financial details.

Additional Information

Acres
0.48
Appliances
Electric Water Heater
Built Information
Existing
Cooling Type
Central Air, Other, Window Unit(s)
Flooring
Carpet, Vinyl, Wood
Furnished Units
4
Heating
See Remarks, Electric
Heating Fuel
Electric
Land Description
City Lot, Cleared, Level
Lot Description
City Lot, Cleared, Level
Lot Size
20,908
Parking
Gravel
Parking Spaces
4
Sewer
Public Sewer
Show Street Address
Yes
Style
Two Story
Total Units
4
Water
Public
Water Heater
Electric
Year Built
1930

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of AHB Realty and Property Mgt. Contact: