Tuesday, July 19, 2016 / by Tracy Lilly
DO NOT MISS THIS terrific investment opportunity in the beautiful Ardmore area!
This quad-plex is located close to medical facilities and the University of North Carolina School of the Arts. The potential income is $1625 rent when all four units are rented.
Recent updates have been made to the studio apartment and a two bedroom unit. The two bedroom is currently empty and rents for $525. The property manager says the rent could be increased in other units.
Low cost modifications would also increase rent, as well as potential for turning basement back into fifth rental unit (call agent for details). The building has been grandfathered by the city and is legal for five units.
Visit AshleyLay.com for more information on this property, or click here to view all of our listings.
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The University of North Carolina School of the Arts (UNCSA) is a top-ranked creative and performing arts conservatory in Winston-Salem, NC. Founded in 1963 as America’s first public arts conservatory, UNCSA celebrates more than 50 years of training wildly creative, gifted and hardworking young artists to do what they love, and do it brilliantly!