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118 W Murphy Street

Madison, NC 27025
  • $750,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 1182348
UPDATED: 65 min ago
$750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:
Area:

School Ratings & Info

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.

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Listing information © 2025 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Smith & Co. Real Estate - Keller Williams Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' 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 deemed reliable but not guaranteed. Data last updated 2025-06-19T14:31:01.773.
www.smithcosellshomes.com/homes/164228416
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118 W Murphy Street Madison, NC 27025

  • Price: $750,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 65 min ago
  • MLS #: 1182348
0
Beds
0
Baths
0
½ Baths
N/A
Acres
County:
Rockingham
Area:
Rockingham
Property 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.
Interior Features

Basement YN No

Property Features

Association YN No City Limits YN Yes Listing Terms CashConventionalUSDA LoanVA Loan Lot Features City Lot Property Sub Type Investment Sewer Public Sewer Special Listing Conditions Owner Sale

Listing information © 2025 Triad MLS, Inc. All rights reserved. Listing provided courtesy of Realty One Group Results Reidsville: . Information deemed reliable but not guaranteed.


Listing information © 2025 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Smith & Co. Real Estate - Keller Williams Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' 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 deemed reliable but not guaranteed. Data last updated 2025-06-19T14:31:01.773.
 
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Smith & Co. Real Estate - Keller Williams Realty
3735 Admiral Drive Suite 101
High Point NC, 27265