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Listed price in listed location currency (USD).
$350,000

005

MLS® 1202971

Overview

Key Facts

Type Apartment
Levels Residential Income
Size 3790 sqft
Garage 
Maintenance Fees 
Taxes $2,830
Days Active 149
Approx. Age 1962
Avg. Price Per Sqft $92
MLS® Number 1202971

Property Address: 3425 Martin Ave, Greensboro, NC, 27405-4170

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

Description

Back on the Market, No Fault of the Seller. This is a highly distressed five-unit multifamily property offering strong value-add potential for experienced investors prepared to take on extensive renovation and stabilization work. This asset is not turnkey and will require capital investment to reach optimal performance. The property consists of five total units. Two units are currently occupied on a month-to-month basis at $950 per month.The remaining three units are vacant and have received partial updates, including new flooring, windows, and fresh paint; however, additional work should be expected throughout the property. Utilities are structured with electric individually metered and paid by tenants, while water, sewer, and trash are owner-paid. The seller has disclosed that no T-12 financials or formal rent roll are available. Market rents are conservatively estimated at $1, 045 per unit, with rental comps available upon request.
MLS® Number1202971
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1962
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 24, 2025List Date
$350,000List Price

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