Mount Airy, NC 27030,113 S Gilmer ST
Mount Airy, NC 27030,113 S Gilmer ST
Mount Airy, NC 27030,113 S Gilmer ST
$205,000
Est. payment /mo
$225,000
8.9%
Est.Price: ?

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SOLD DATE : 06/06/2024

Key Details

Sold Price $205,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1110434

Sold Date 06/06/24

HOA Y/N No

Year Built 1920

Property Sub-Type Apartment

Source Triad MLS

Property Description

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.

Location

State NC

County Surry

Interior

Heating None, No Fuel

Cooling None

Exterior

Pool None

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Special Listing Condition Owner Sale

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Triad MLS
Listed by Andrew Balogh of eXp Realty LLC
Bought with nonmls

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Hermanda Williamson

Hermanda Williamson

+1(336) 551-9952

Agent | License ID: 338838

Agent License ID: 338838

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