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Key Details
Sold Price $172,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1158528
Sold Date 11/20/24
HOA Y/N No
Originating Board Triad MLS
Year Built 1956
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Welcome to 1205 Asheboro St, a solid duplex investment opportunity in the growing High Point, NC area! This well-maintained property features two 1-bed, 1-bath units, currently rented at $775 and $750 per month. Tenants are responsible for all utilities, keeping owner expenses low. Each unit has central HVAC via efficient mini-split systems, replaced in 2022, and new LVP flooring installed in 2022 for modern, low-maintenance living. The property includes a large gravel parking pad in the back, as well as convenient street parking. Priced at just $175k, this is a perfect house hack opportunity for an owner-occupant to live in one unit and rent out the other, offsetting living costs. Located in a neighborhood with significant growth potential, this is a smart investment for both new and seasoned investors. Market rent is around $800 per unit, offering potential for increased cash flow over time. Don’t miss this rare find! Contact us today for more details.
Location
State NC
County Guilford
Interior
Heating Zoned, Electric
Cooling Zoned
Flooring Laminate
Appliance Electric Water Heater
Exterior
Garage Spaces 1.0
Pool None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
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Bought with Keller Williams Realty