403 Gilmer Street EXT, Reidsville, NC 27320
403 Gilmer Street EXT, Reidsville, NC 27320
403 Gilmer Street EXT, Reidsville, NC 27320
403 Gilmer Street EXT, Reidsville, NC 27320
403 Gilmer Street EXT, Reidsville, NC 27320
403 Gilmer Street EXT, Reidsville, NC 27320
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Nathan Smith

Nathan Smith

+1(336) 870-3084
$ 595,000
Est. payment | /mo

0.44 Acres Lot

Save Virtual Tour
$ 595,000
Est. payment | /mo
Save Virtual Tour

0.44 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 1220578

HOA Y/N No

Year Built 1940

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Apartment

Source Triad MLS

Property Description

Excellent opportunity featuring an 8-unit complex conveniently located near downtown shopping, dining, & local amenities. Each spacious unit features 2 bedrooms, 1 full bath, a kitchen with breakfast area, separate dining room, and a generously sized living room. All units include a refrigerator & free-standing range/oven, & each apartment has its own individual heat pump. Some units have been updated with durable LVP flooring, while others still maintain carpeted areas, offering future value-add potential. Designated parking spaces along with additional street parking for tenants and guests.
The property has a strong rental history with most tenants being long-term. Current rental rates range $625 to $950 per month, presenting an excellent opportunity for increased cash flow with future rent adjustments. Whether you are looking to expand your portfolio or purchase your first multifamily investment, this property offers stability, convenience, and upside potential.

Location

State NC

County Rockingham

Interior

Heating Heat Pump, Electric

Cooling Central Air, Heat Pump

Appliance Electric Water Heater

Laundry Coin Laundry

Exterior

Pool None

Landscape Description Cleared Land

Street Surface Paved

Total Parking Spaces 12

Building

Lot Description City Lot, Cleared

Sewer Public Sewer

Water Public

New Construction No

Others

Special Listing Condition Owner Sale

Virtual Tour https://listings.mmtriad.com/sites/emozdkog/unbranded

Triad MLS
Listed by Stephanie Andrew • Realty One Group Results Greensboro

NEARBY SCHOOLS & PROPERTIES

Nathan Smith

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(336) 870-3084

nathansellstriad@gmail.com

725 E. Mountain St., Kernersville, Carolina 27284, United States

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403 Gilmer Street EXT