$489,000
Pending

622 & 624 S Williamson Avenue

Elon, NC 27244
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

***Back on the Market***
Buyer financing failed due to a change in the zoning code in Elon. This Multifamily property is grandfathered but there since there will be no additional Duplexes permitted, it's even MORE UNIQUE!!
Amazing TURN KEY Investment property for students, or Primary home with rental income! Townhome style Duplex Minutes from Elon University and 40/85. Close to shopping, restaurants and everything you need! Fully renovated with new LVP, Paint, and HVAC! One unit leased until April 30 2024 and one just became vacant! Each unit will rent OVER $2400 ($800 per bedroom for students) Total $4800 per Month! 1350 sqft each! Showing Unit 624 Only- Do Not Disturb Tenants!

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • CountyAlamance
      • StyleModular
      • MLS #1129205
      • MLS #1129205
      • Utility SourcePublic
      • Taxes Annual$2,514
      • Cost489000
      • Property SubtypeDuplex
      • Acres0.344
      • Year Built2006

Location

Sandman Realty powered by Keller Williams Realty EliteReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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