Description
An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Reidsville. Home could certainly be converted back into a single family home again, if desired, but do note each of the main floor units are metered separately. The two upstairs units share the same power meter and water meter so the rent includes these two utilities. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1 $875 (Lease expires 12/2025); Unit 2 $550 (Month-to-Month); Unit 3 $725 (Lease expires 1/2026); Unit 4 $815 (Lease expires 1/2026).
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School Information
Description
An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Reidsville. Home could certainly be converted back into a single family home again, if desired, but do note each of the main floor units are metered separately. The two upstairs units share the same power meter and water meter so the rent includes these two utilities. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1 $875 (Lease expires 12/2025); Unit 2 $550 (Month-to-Month); Unit 3 $725 (Lease expires 1/2026); Unit 4 $815 (Lease expires 1/2026).
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