118 W Murphy Street,Madison, NC 27025
Madison, NC 27025
Description
Investment opportunity in downtown Madison. Renovation of (4) apartments is complete and all are rented. This opportunity provides income from (2) one bedroom and (2) studio apartments. Each unit has new electrical, plumbing, flooring, kitchens and HVAC systems. This building has value added potential to add up to 4 additional apartments for a total of eight units. In addition, there is retail space, with a separate entrance that has outstanding visibility from the street and excellent rental possibilities. Great opportunity for the owner to receive income from both the residential and retail sides.
Details
| MLS # | 1182348 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 28 |
| Listing Provided By | Realty One Group Results Reidsville | Liz Eckler |
Features
| SQ Feet | 5,880 |
|---|---|
| Zoning | TCDMD |
Taxes
| Property | 200 |
|---|
Market Activity 27025
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Learn More About This Property
| State | NC |
|---|---|
| County | Rockingham |
| City | Madison |
| Zip Code | 27025 |
| Listing VS Median (in 27025) | |
Price: $750,000 low | high Med: $284,900 SqFt: 5,880 low | high Med: 1,357 $ / SqFt: $128 low | high Med: $210 On site: 28 low | high Med: 38.000000 | |
Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
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