415 Edgeworth Street, Greensboro, NC 27401

Property Description

Offering includes 415 N. Edgeworth St plus 505 W. Smith St and 420, 422, 424 N. Spring St. Nearly 2 acres in heart of downtown. The four homes on Smith/Spring sit on a prominent corner lot and are leased through 7/01, providing immediate income with future redevelopment flexibility. Pricing: • $1,700,000 for 505 W. Smith St + 420, 422, 424 N. Spring St • $2,999,000 for 415 N. Edgeworth St only • $4,699,000 for the full assemblage Property Highlights: • Site Size: ±1.30 acres (Edgeworth parcel) / ± .59 (505 W. Smith St + 420, 422, 424 N. Spring St) nearly 2 acres combined • Current Income: $228,457 annually (before expenses- Edgeworth parcel) / $96,000 annually (505 W. Smith St + 420, 422, 424 N. Spring St) • Leases: Mix of short- and intermediate-term in place • Location: Across from the ballpark in Downtown Greensboro • Potential: Mixed-use, multifamily, retail, office, or redevelopment