14-34 Forsyth Street   |  14-34 Forsyth Street   |   11 Units

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Aubrey Linville, CCIM at aubrey@ltpcommercial.com

    —or—

    Jordan Cooper at jordan@LTPcommercial.com

    Fully leased 11-unit multifamily property located blocks from downtown Thomasville, NC. The property contains eight two-story units and three single-story units. Each two-story unit has 2 bedrooms, 1.5 bathrooms. Each single-story unit has 2 bedrooms and 1 bath. Each has a full laundry room and is separately metered for all utilities. Four new HVAC units installed and roof repairs made in 2015. New paint and carpet/flooring in the majority of the units.

    Address:14-34 Forsyth Street
    City:Thomasville
    Zip:27360
    Price$678,000
  • Aerial Map
    Aerial Photo
  • PROPERTY DETAILS

    Property Type Multi-family
    # of Units11
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    TAX INFORMATION

    PRICING & TERMS

    Price$678,000
    NOI$54,297.23
    Cap Rate8.01%
    TermsGross Income: $65,400.00
    CommentsFully leased 11-unit multifamily property located blocks from downtown Thomasville, NC. The property contains eight two-story units and three single-story units. Each two-story unit has 2 bedrooms, 1.5 bathrooms. Each single-story unit has 2 bedrooms and 1 bath. Each has a full laundry room and is separately metered for all utilities. Four new HVAC units installed and roof repairs made in 2015. New paint and carpet/flooring in the majority of the units.