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Off market

Buy a multi-family propertyat 516 W Elizabeth Street, Selma, NC 27576

$199,900

$209,900 (-4.76%)

$0/mo

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Multifamily

2,192 Sq. Ft.

14,374 Sq. Ft. lot

583 Days on market

2476652 MLS ID

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About 516 W Elizabeth Street multi-family property

Great cash-flowing duplex! Calling all investors & first time buyers. This duplex has a very solid rental history and demand. Value add opportunity! Rent out or live in one unit and have the other pay your mortgage! Unit A is vacant and Unit B is month to month. Each unit is 2beds 1bath. Located in Selma, NC, The home is only minutes from Smithfield and Clayton, and about 35 minutes to Raleigh. Quiet residential neighborhood. Built as a SFH and can be easily converted back to one if desired. Both units have separate utilities that tenants pay.
Great cash-flowing duplex! Calling all investors & first time buyers. This duplex has a very solid rental history and demand. Value add opportunity! Rent out or live in one unit and have the other pay your mortgage! Unit A is vacant and Unit B is month to month. Each unit is 2beds 1bath. Located in Selma, NC, The home is only minutes from Smithfield and Clayton, and about 35 minutes to Raleigh. Quiet residential neighborhood. Built as a SFH and can be easily converted back to one if desired. Both units have separate utilities that tenants pay.

Property details

Parking

Carport Included

Parking Features: "3 space+/Unit", "Carport", "Off Street"

Appliances and Equipment

Appliances: "Disposal", "Range/Oven", "Refrigerator"

Basement

Basement: "Crawl Space"

House

Building Area Units: Square Feet

Construction Materials: "Wood"

Living Area Units: Square Feet

Living Area: 2192

Year Built: 1920

Number Of Units Total: 2

Cooling

Cooling: "Central Air"

Cooling Included

Exterior Features

Patio And Porch Features: "Porch"

Floors

Flooring: "Ceramic", "Hardwood", "Laminate"

Heating

Heating: "Forced Air", "Natural Gas"

Heating Included

Interior Features

Interior Features: "1 Bath", "2 Bedroom", "Dining Room", "Kitchen", "Living Room", "Extra Storage", "Utility Room"

Laundry

Features: "W/D Connection"

Listing

Days On Market: 124

Lease Term: Month To Month

Location

Subdivision Name: Not in a Subdivision

Lot

Lot Size Acres: 0.33

Lot Size Units: Square Feet

Property

Property Sub Type: Duplex

Attached Property

Schools

High School: Johnston - Smithfield Selma

Middle Or Junior School: Johnston - Selma

Elementary School: Johnston - Selma

Sewer

Sewer: "Community Sewer"

Taxes

Tax Annual Amount: 1920

Utilities

Water Source: "Community Water"

Monthly cost

Estimated monthly cost

$1,287/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$187,906

+$5,997

$193,903

Seller agent commission$5,997 (3%)*

$0 (0%)

Buyer agent commission$5,997 (3%)*

$5,997 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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State

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Unreal Estate checked: Jun 19, 2024 at 4:16 a.m.

Data updated: Mar 16, 2023 at 9:02 p.m.

Courtesy of Choice Residential Real Estate, John R Moore.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange™ Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than the brokerage firms other than the one represented by this site are marked with the Internet Data Exchange™ logo or the Internet Data Exchange™ thumbnail logo and detailed information about them includes the name of the listing firms. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information deemed reliable but not guaranteed.
Listing Information © 2024 Triangle MLS, Inc. All Rights Reserved.

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