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924 Merritt DR Greensboro, NC 27407
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1240111
HOA Y/N No
Year Built 1904
Property Sub-Type Duplex
Source Triad MLS
Property Description
INVESTMENT OPPORTUNITY! Income-producing property at 924 Merritt, built in 1904 and currently FULLY OCCUPIED, offering immediate rental income from day one. Property features 2 units with high existing rental income. The back unit currently rents for $850/month. The front portion generates rental income of $650 + $650 + $500 + $500 + $550/month, with utilities included (average utilities approximately $300/month). Front unit has been FULLY RENOVATED with new flooring, fresh paint, updated bathrooms, and new appliances—excellent opportunity for investors looking for an occupied property with established cash flow and recent improvements. You can purchase it together with nearby 918 Merritt for a unique multi-property investment opportunity. Contact the listing agent for additional details, rent information, and showing instructions. Please do not disturb tenants.
Location
State NC
County Guilford
Interior
Heating Forced Air, Electric
Cooling Central Air
Appliance Electric Water Heater
Exterior
Pool None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Milly Khowala • Fathom Realty
Nearby Locations
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Kelly Marie Smith
Owner | Broker | Realtor® License ID: 292904