113 S Gilmer Street Mount Airy, NC $ 225,000
113 S Gilmer Street
$ 225,000
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113 S Gilmer Street

Mount Airy, NC, 27030
$ 225,000
Baths0.0

Monthly Estimate*

$ 1,495

113 S Gilmer Street, Mount Airy, NC 27030 - Image 1
113 S Gilmer Street, Mount Airy, NC 27030 - Image 2
113 S Gilmer Street, Mount Airy, NC 27030 - Image 3
113 S Gilmer Street, Mount Airy, NC 27030 - Image 4
113 S Gilmer Street, Mount Airy, NC 27030 - Image 5
113 S Gilmer Street, Mount Airy, NC 27030 - Image 6
113 S Gilmer Street, Mount Airy, NC 27030 - Image 7
113 S Gilmer Street, Mount Airy, NC 27030 - Image 8
Studio

Multi-Family Home for sale in Mount Airy, NC

for $225,000. This home was built in 1920.

Attention investors, builders, and developers! This is a "shovel ready" fully designed, engineered, and permitted 11 unit apartment building upfit opportunity. Plans call for 9 one-bedroom units and 2 two-bedroom units. This property is nationally recognized as a historic building and has significant historic tax credit potential for the new owner. The historic tax credit application is in process. Sale includes all plans including survey, site plan, civil engineering, architecture, construction documents, interior design plans, and historic tax credit application. Excess land for parking lot is also included in the sale. Priced at less than $21,000 per unit to give the future owner an opportunity for plenty of upside in the deal.

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Multi-Family Pending

Price

$ 225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 703

Style

Apartment

Year Built

1920

Town/City

Mount Airy

County/Region

Surry

MLS | Web ID

1110434

Features
General
Sewer Public Sewer
Heating None No Fuel
Cooling None
Pool Features None
Year Built 1920
Property SubType Apartment
Property Type Residential Income
HOA / Comm Assn No
Listing Terms Cash 1031 Exchange
Pool Y/N No
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Exterior
Parking Features Deck On Street
Water Source Public
Lot Dimensions 1
Acres Range -
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Interior
Heating Fuel No Fuel
Total Heated Finished SqFt Range 0 - 0
Water Heater None
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* Excluded Features
List By
Andrew Balogh

Listing Agent

Exp Realty Llc

Broker

andrew@theurbanagency.us

Email

Affordability Calculator

$1,554
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,495
Monthly Property Taxes
$59
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
584379 Elementary School
584626 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2024$225,000 -18.18% Price Down
7/5/2023$275,000 Listed Price

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113 S Gilmer Street, Mount Airy, NC, 27030 is a Multi-Family Home for sale at $225,000. 113 S Gilmer Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 27030 which is in Mount Airy, NC