1853 Barnes Street

Reidsville, NC 27320

$180,000
Price
2
Beds
1
Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

This unique investment property located just off Barnes St. encompasses 3 rental units that must be sold together,presenting a valuable opportunity for investors. The portfolio includes two 2-bedroom, 1-bath homes and one 1-bedroom, 1-bath home, collectively generating approximately $1,700 in monthly rents. Current occupancy details reveal that two homes are rented, maintaining a steady income flow,while the third home is available for showings,offering flexibility for potential occupancy or upgrades....This unique investment property located just off Barnes St. encompasses 3 rental units that must be sold together,presenting a valuable opportunity for investors. The portfolio includes two 2-bedroom, 1-bath homes and one 1-bedroom, 1-bath home, collectively generating approximately $1,700 in monthly rents. Current occupancy details reveal that two homes are rented, maintaining a steady income flow,while the third home is available for showings,offering flexibility for potential occupancy or upgrades. It is believed that there are 2 septic systems; one standalone system for a single home, and another shared between the two remaining homes. This property offers a unique bulk-buy investment opportunity and requires buyers to verify all property details to ensure an informed investment decision. This investment is ideal for those looking to expand their portfolio w/ a stable income-producing property that also offers room for rent increases and value addition through strategic improvements.
  1. Listed by Delia Stanley Knight • Allen Tate Oak Ridge Commons

Property Details for 1853 Barnes Street

Architectural Style
Bungalow
Zoning
R-20

Location

Listing Courtesy of Allen Tate Oak Ridge Commons
Add your commute
LISTING UPDATED: 04/16/2024 01:36 AM

Property Details for 1853 Barnes Street

StatusNew Listing
MLS #1139384
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Stick/Site Built
Year Built1927
Lot Size0.61 AC / 26,571 SF
CountyRockingham County

Location

Listing Courtesy of Allen Tate Oak Ridge Commons
Add your commute

Building Information for 1853 Barnes Street

Stories-Year Built1927Building Size-Lot Size0.61 AC / 26,571 SF

Payment Calculator

$982 per month

30 year fixed, 7.25% Interest

Principal and Interest

$982

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1853 Barnes Street

Summary
Location and General Information
  • County Or Parish: Rockingham
  • City: Reidsville
  • Directions: Hwy 158 East, continue onto Richardson Drive, right onto Barnes St. and houses will be on the left
  • Latitude: 36.332576
  • Longitude: -79.651113
  • Postal Code: 27320
  • Subdivision Name: None
Taxes and HOA Information
  • List AOR: Greensboro
  • Tax Rate: .00%
  • Tax Annual Amount: $.00
  • Tax Assessed Value: $163,822.00
  • Tax Legal Description: .61 AC - Barnes St Survey for GNE Properties
  • Tax Year: 2024
  • Parcel Number: 152426
  • Association: No
Parking
  • Parking Features: Driveway
School Information
  • High School: Reidsville
  • Elementary School: Williamsburg
Property
Lot Information
  • Lot Features: Level, Partially Cleared, Partially Wooded
  • Lot Size Acres: 0.61
  • Lot Size Dimensions: .61 Acres
  • Built Information: Existing
  • Heated Finished Main SqFt Range: 600 - 800
  • Total Heated Finished SqFt Range: 600 - 800
  • Water Source: Public
  • Year Built: 1927
Property and Assessments
  • Photos Count: 36
  • Property Type: Residential
  • Deed Book: 1485
  • Deed Page: 2949
  • PlatBook: 1485
  • PlatPage: 2952
  • Documents Count: 1
  • Fixture Exception: No
Utilities
  • Heating Fuel: Remarks
  • Sewer: Septic Tank, Shared Septic
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Features: None
  • Construction Materials: Vinyl Siding
  • Levels: One
  • Porch: Yes
  • Fenced: No
  • Pool: No
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Crawl Space
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Cooling: Window Unit(s)
  • Fireplaces Total: 0
  • Flooring: Carpet, Vinyl
  • Heating: See Remarks
  • Full Baths Lower: 0
  • Full Baths Main: 1
  • Main Level Bathrooms: 1
  • Full Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Rooms Total: 5.0
  • Primary On Main YN: Yes
  • Second LQ YN: No
Room Information
Room 1 Information
  • Room Type: Living Room
  • Room Level: Main
  • Room Length: 11.416666
  • Room Width: 13.416666
  • Room Length Width Units: Feet
  • Room Area: 153.173611
  • Room Area Units: Square Feet
  • Room Dimensions: 13ft 5in x 11ft 5in
Room 2 Information
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Length: 11.416666
  • Room Width: 13.416666
  • Room Length Width Units: Feet
  • Room Area: 153.173611
  • Room Area Units: Square Feet
  • Room Dimensions: 13ft 5in x 11ft 5in
Room 3 Information
  • Room Type: Kitchen
  • Room Level: Main
  • Room Length: 13.5
  • Room Width: 11.5
  • Room Length Width Units: Feet
  • Room Area: 155.25
  • Room Area Units: Square Feet
  • Room Dimensions: 11ft 6in x 13ft 6in
Room 4 Information
  • Room Type: Bedroom 2
  • Room Level: Main
  • Room Length: 11.416666
  • Room Width: 13.666666
  • Room Length Width Units: Feet
  • Room Area: 156.027777
  • Room Area Units: Square Feet
  • Room Dimensions: 13ft 8in x 11ft 5in
Room 5 Information
  • Room Type: Breakfast
  • Room Level: Main
  • Room Length: 5.666666
  • Room Width: 6.25
  • Room Length Width Units: Feet
  • Room Area: 35.416666
  • Room Area Units: Square Feet
  • Room Dimensions: 6ft 3in x 5ft 8in
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell

Property History for 1853 Barnes Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1853 Barnes Street

This home is within Rockingham County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Williamsburg Elementary
PublicPK to 5

Reidsville Middle
Public6 to 8

Reidsville High
Public9 to 12

The Score Center
PublicK to 12

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.

Similar Homes

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Similar Sold Homes

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1853 Barnes Street is a single family home for sale in Reidsville, NC 27320. This property was listed for sale on April 15, 2024 by Allen Tate Oak Ridge Commons, it's currently listed at $180,000. This listing's school district is Rockingham County School District. Nearby schools include Williamsburg Elementary, Reidsville Middle and Reidsville High. 1853 Barnes Street is a 2-bed, 1-bath, single family home built in 1927.

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 Allen Tate Oak Ridge Commons

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