$299,900
For Sale

510 Piedmont Street

Reidsville, NC 27320
Browse 36 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Reidsville. New roof within the past year! New vinyl siding installed in early 2025! Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately. 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: $550 (Month-to-month);
Unit 2: $525 (Month-to-month);
Unit 3: $600 (Lease expires 10/31/2025);
Unit 4: $600 (Lease expires 2/2026)

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Elementary SchoolMoss Street
      • Middle SchoolReidsville
      • High SchoolReidsville
      • CountyRockingham
      • Property SubtypeQuadruplex
      • StyleTwo Story
      • Lot DescriptionCity Lot
      • MLS #1123582
      • MLS #1123582
      • Utility SourcePublic
      • Cost299900
      • Acres0.36
      • Year Built1937
      • Taxes Annual$947

Location

SaCola LehrReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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