Map
Listed price in listed location currency (USD).
$410,000

444

MLS® 10182022

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 2573 sqft
Garage 
Taxes $2,060
Days Active 3
Lot Size 0.48 Acres
Approx. Age 1930
Avg. Price Per Sqft $159
MLS® Number 10182022

Property Address: 511 Cummings St, Gibsonville, NC, 27249-2623

Average square foot calculated using Size range provided by listing agent.

Description

Premium Quadplex Investment: 100% Occupied Cash Flow Powerhouse in Gibsonville Western Alamance Seize this exceptional opportunity to acquire a turn-key investment property in one of the region's most sought-after locations. This 4-bedroom, 4-bathroom quadplex is not just a building—it's a high-performing asset generating immediate and consistent cash flow, currently 100% occupied with reliable tenants. Durable and stylish luxury vinyl plank flooring installed throughout all units, offering a contemporary look and easy maintenance. Recently installed electric mini-split AC systems in three units provide individualized heating and cooling for each unit, ensuring tenant comfort and reducing utility costs. A full interior paint job in three units bring a modern, neutral palette makes the entire building feel bright, clean, and move-in ready. Three kitchens have been modernized, while the bathrooms feature contemporary vanities, fixtures, and finishes, elevating the overall tenant experience. Immediate Cash Flow: With the property currently 100% occupied, you'll start generating income from day one without the hassle of finding initial tenants. Situated in the highly desirable Western Alamance school district, this property appeals to a wide range of tenants, including families who value top-tier education, ensuring long-term stability and demand. This is a rare chance to own a premium, turn key income property in a prime location. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a reliable first property, this quadplex offers the perfect combination of immediate income and long-term appreciation potential. Properties of this caliber in the Western Alamance district are in high demand and don't stay on the market for long. Contact us today for the full financial details and to schedule your tour of this outstanding investment opportunity. Please note the home is in both Guilford and Alamance county
MLS® Number10182022
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
DrivewayAsphalt, Open
Garage Spaces
HeatDuctless, Electric, Other
A/CCeiling Fan(s), Electric, Window Unit(s), Wall Unit(s)

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $393,000 and $419,000.
Similar properties in this area sold on average for: $393,875
Expected to sell in 104 days. Similar properties sold in 107 days. This home has been on Zoocasa for 3 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties