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Property Description

Investor opportunity in the heart of Carrboro!

Rare opportunity to own an income producing DUPLEX in an area that's steadily growing in value.

Each unit (A & B) offers 2 BRs, 1.5 Baths, a spacious living area and a full eat-in kitchen with pantry. Each unit is 957 sq.ft (both units total 1914 sqft).

702 N Greensboro Street has a strong rental history and unbeatable location. It's less than a 5 minute walk to downtown Carrboro. And just a couple minute walk to restaurants and cafes!

Tenants enjoy private back decks and patios, along with plenty of off-street parking--features that add to the consistent tenant demand this property has experienced.

Duplex properties are always sought after but rarely come up for sale. Don't miss this opportunity to make 702 N Greensboro Street the next addition to your investment portfolio.

NO HOA, 6 mini-split units (3 on each side) installed 2019.

Gross Rental income 2024 = $29,630
Operating Expenses 2024 = $4,365 which included $2,963 to Louise Beck Properties for mgmt.

Overview

Property Status
For Sale
Lot Size
1 Acres
MLS ID
10114937
Property Type
Multi-Family
Year Built
1982

Features & Amenities

Total Area
1,914 Sq.Ft.
Stories
2
Water Source
Public
Roof
Shingle
Parking
Driveway, Off Street
Heat Type
Electric
Air Conditioning
Wall/Window Unit(s)
Sewer
Public Sewer
Substructure
None
Elementary School
CH/Carrboro - Carrboro
Middle School
CH/Carrboro - Smith
High School
CH/Carrboro - Chapel Hill
Sales Price
$575,000
Real Estate Tax
$6,486/yr

Downloads

702 N Greensboro Street

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for your interest in 702 N Greensboro Street, Carrboro, NC 27510

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702 N Greensboro Street

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