Kernersville Duplex Package   |  804-808 Lee Street   |   6 Units

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Nick Gonzalez at nick@ltpcommercial.com

    —or—

    Cole Carns at ccarns@ltpcommercial.com

    Three stellar duplexes in Kernersville. Easy to manage, well maintained, and tremendous upside potential on rents - with immediate cash flow upon purchase. Tenant pays all utilities. Each two-story unit has a single car garage, rear parking, two-bedroom layouts, front driveway parking, and attractive rear decks with dinein kitchens. Rare opportunity for B+ multi-family investment in Kernersville.

    Address:804-808 Lee Street
    City:Kernersville
    Zip:27284
    Avail sf ± 1,038 - 3,114
    Price$479,000
  • Aerial Map
    Aerial Photo
  • PROPERTY DETAILS

    Property Type Investment
    Multi-family
    Avail sf ± 1,038 - 3,114
    Year Built ±1986
    FlooringVaries
    RoofShingle
    # of Units6
    Acres ±1.2
    ParkingSurface
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    UTILITIES PAID BY

    ElectricalTenant
    WaterTenant
    GasTenant

    TAX INFORMATION

    ZoningRS7
    County:Forsyth , NC

    PRICING & TERMS

    Price$479,000
    NOI$33,479 (2018 Actual)
    TermsMarket Rent is $857/Month per Unit
    CommentsThree stellar duplexes in Kernersville. Easy to manage, well maintained, and tremendous upside potential on rents - with immediate cash flow upon purchase. Tenant pays all utilities. Each two-story unit has a single car garage, rear parking, two-bedroom layouts, front driveway parking, and attractive rear decks with dinein kitchens. Rare opportunity for B+ multi-family investment in Kernersville.

    UNIT INFORMATION

    Type # of Units Average Rental Rates
    Two Bedroom 6 $720/Month