135 West Church Street

135 West Church Street

Mount Airy, NC 27030

$500,000
Price
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Beds
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per Sq. Ft.

Description

Rare multifamily investment opportunity! Fully occupied cash flowing 4 unit apartment building located in a prime location right off S Main St just two blocks from Downtown Mount Airy. Historic building with full brick exterior. Priced at a 9% cap rate based on current in place rents and expenses. Three units are long term leases and one unit is month to month. Recent renovations include new roofing, plumbing updates, bathroom updates, fresh paint and landscaping. Each unit features 2 beds, 1 bath...Rare multifamily investment opportunity! Fully occupied cash flowing 4 unit apartment building located in a prime location right off S Main St just two blocks from Downtown Mount Airy. Historic building with full brick exterior. Priced at a 9% cap rate based on current in place rents and expenses. Three units are long term leases and one unit is month to month. Recent renovations include new roofing, plumbing updates, bathroom updates, fresh paint and landscaping. Each unit features 2 beds, 1 bath and a den. Each unit is sub-metered for power and water/sewer. Tenants pay for all utilities except trash collection. Units have in-unit washer and dryer connections. Off street parking lot located in rear of property. Basement features full height ceilings. Financials available with proof of funds from prospective purchaser. Interior photos available upon request. Please do not disturb tenants.
  1. Listed by Andrew Balogh • eXp Realty LLC

Property Details for 135 West Church Street

Architectural Style
Two Story
Flood Zone
Not in Flood Zone
Zoning
R6

Location

Listing Courtesy of eXp Realty LLC
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LISTING UPDATED: 04/24/2024 07:40 PM

Property Details for 135 West Church Street

StatusBack On Market
MLS #1134413
Days on Market53
Taxes$2,032 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1925
CountySurry County

Location

Listing Courtesy of eXp Realty LLC
Add your commute

Building Information for 135 West Church Street

Building/Complex135 W Church StFloor-Stories-Residences4Pet Policy-Year Built1925Building Size-

Payment Calculator

$2,898 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 135 West Church Street

Summary
Location and General Information
  • County Or Parish: Surry
  • City: Mount Airy
  • Directions: GPS 135 W Church St, Mount Airy, NC 27030.
  • Latitude: 36.496004
  • Longitude: -80.606316
  • Postal Code: 27030
  • Postal Code Plus 4: 4707
  • City Limits: Yes
Taxes and HOA Information
  • List AOR: Winston-Salem
  • Tax Rate: .66%
  • Tax Annual Amount: $2,032.00
  • Tax Assessed Value: $146,950.00
  • Tax Year: 2023
  • Parcel Number: 502016737148
  • Association: No
Parking
  • Parking Features: Deck, Paved, On Street
School Information
  • High School: Mt Airy
  • Elementary School: Tharrington/Jones
Property
Lot Information
  • Lot Features: City Lot
  • Lot Size Acres: 0.36
  • Approx Sq Ft Range: 4700 - 5600
  • Built Information: Existing
  • Total Heated Finished SqFt Range: 0 - 0
  • Water Source: Public
  • Year Built: 1925
Property and Assessments
  • Photos Count: 4
  • Property Type: Residential Income
  • Deed Book: 01799
  • Deed Page: 0791
  • Documents Count: 3
Utilities
  • Heating Fuel: Electric
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Pool Features: None
  • Construction Materials: Brick
  • Laundry Features: Washer/Dryer Connection
  • Pool: No
Interior Features
  • Appliances: Electric Water Heater
  • Cooling: Window Unit(s)
  • Flooring: Tile, Wood
  • Heating: Baseboard, Electric
Multi Family
Multi-Family Information
  • Total Units: 4
  • Number Of Units In Community: 4
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell
  • Number Of Units Leased: 4

Property History for 135 West Church Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 135 West Church Street

Taxable ValueLand$19,800Additions$127,150Total$146,950
Tax Record2023$1,058 ($88 / month)
Home Facts
Total Finished SqFt5,298 SqFtAbove Grade Finished SqFt5,298 SqFtStories1Lot Size15,682 SqFtStyleDuplexYear Built1925Year Renovated1990ZoningR6CountySURRYAPN5020-16-73-7148

Schools near 135 West Church Street

This home is within Mount Airy City School District.
Rating
School
Type
Grades
Distance
Bruce H Tharrington Elementary
Public - PK to 2
Mount Airy Middle
Public - 6 to 8
Mount Airy High
Public - 9 to 12
Jones Elementary
Public - 3 to 5
Rating
School
Distance
Bruce H Tharrington Elementary
PublicPK to 2

Mount Airy Middle
Public6 to 8

Mount Airy High
Public9 to 12

Jones Elementary
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 135 West Church Street, Mount Airy, NC 27030

135 West Church Street is a multi-family home for sale in Mount Airy, NC 27030. This property was listed for sale on March 6, 2024 by eXp Realty LLC, it's currently listed at $500,000. It has been on the market for a total of 53 days and was last sold on January 31, 2022. This listing's school district is Mount Airy City School District. Nearby schools include Bruce H Tharrington Elementary, Mount Airy Middle and Mount Airy High. 135 West Church Street is a 0-bed, 0-bath, multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty LLC

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