15 College Street, Thomasville, NC 27360

$225,000

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List Price
$225,000
Price Change
▼ $4,900 1777515268
MLS#
1210674
Status
ACTIVE
Type
Multifamily
Subtype
Duplex
Lot Size
5,532

Property Description

Converted duplex on a corner lot in the heart of Thomasville! This well-maintained property features two income-producing units: Unit B offers 3BR/1BA and Unit A offers 1BR/1BA. Both units are currently occupied with separate meters in place, providing immediate rental income. Located in an up-and-coming area, this property offers an approximate 7% cap rate and strong investment potential. A sought-after option allows an owner to live in one unit while renting the other (possible FHA financing for qualified buyers). Conveniently located near shopping, dining, and everyday amenities. A rare opportunity for investors or owner-occupants looking to build equity and generate income!

Additional Information

Acres
0.13
Appliances
Electric Water Heater
Built Information
Existing
Cooling Type
Central Air
Environmental Hazards
No
Garage Description
None
Heating
Heat Pump, Electric
Heating Fuel
Electric
Lot Size
5,532
Parking
Driveway, No Garage
Sewer
Public Sewer
Show Street Address
Yes
Water
Public
Water Heater
Electric
Year Built
1916

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty. Contact: