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Listed by Braddock Realty
$ 268,000
Est. payment /mo
Active
105 Marigold ST Rocky Mount, NC 27801
5,184 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,184 sqft
Price per Sqft $51
MLS Listing ID 10144545
HOA Y/N No
Year Built 1910
Annual Tax Amount $879
Lot Size 5,184 Sqft
Lot Dimensions 40 x 126
Property Sub-Type Mixed Use
Source Doorify MLS
Land Area 5184
Property Description
Maximize your portfolio with this 5,184 SF commercial asset featuring three versatile units. Currently generating $24,320 in NOI with low owner overhead, the property offers a blend of immediate cash flow with a current cap rate of 9.07% and the vacant unit providing value-add potential.
Units 105 and 105A are occupied on Modified Gross leases with tenants paying utilities.
Unit 105B: The vacant unit is a large open warehouse with garage door access. Warehouse has 3 bathrooms, and includes a finished apartment/office area with a full bath, fridge, and washer/dryer.
Strategic opportunity for anyone needing warehouse/storage space while having the front tenants offset the mortgage.
Units 105 and 105A are occupied on Modified Gross leases with tenants paying utilities.
Unit 105B: The vacant unit is a large open warehouse with garage door access. Warehouse has 3 bathrooms, and includes a finished apartment/office area with a full bath, fridge, and washer/dryer.
Strategic opportunity for anyone needing warehouse/storage space while having the front tenants offset the mortgage.
Location
State NC
County Edgecombe
Interior
Fireplace No
Exterior
Garage No
Building
New Construction No
Others
Tax ID 375968494600
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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