200 N Arendell Avenue new to site

Zebulon,NC 27597

$ 570000

- Bed

- Bath

4548 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,548 sqft

Price per Sqft $125

MLS Listing ID 10103857

Style Site Built

Year Built 1950

Annual Tax Amount $4,801

Lot Size 4,791 Sqft

Property Sub-Type Business

Property Description

Prime Downtown Commercial property located on the corner of Arendell Avenue and Horton Street. Excellent investment opportunity with established tenants in place.

**FIve rental units! three are rented , two vacant.
101 Horton St $400/mo, 547 SF
103 Horton St $750/mo 1306 SF
105 Horton St $1100/mo 805 SF
200 A Arendell Ave vacant 1170 SF
200 B Arendell Ave owner occupied 720 SF

Great income potential only one unit has lease expiring 12/25, others are month to month. Market income estimated around $6,500/ month.
Approximately 11% return after annual taxes, insurance, etc.

Location

State NC

County Wake

Zoning DTC

Interior

Heating Central,Forced Air

Cooling Central Air

Exterior

Utilities Available Electricity Available,Electricity Connected,Sewer Connected,Water Available

Roof Type Flat

Building

Story 1

Sewer Public Sewer

Structure Type Brick

New Construction No

Others

Special Listing Condition Standard

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