Remarks

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.

Details

MLS#: 10103857
Price: $570,000

Style: Business
Sq Ft: 4548
Year Built: 1950

County: Wake
Lot Size: 0
Tax Fee: 4801.1000000000004