Price
$ 192,000

117 OVERMAN AVENUE, Salisbury, NC 28144  
  • 4 beds
  • 4 baths
  • 3,022 sqft

117 OVERMAN AVENUE, Salisbury, NC 28144  

Brick Apartment Building formerly known as Magnolia Suites is looking for someone to make it thriving apartments again.Easy walking distance to VA Hospital- Great location!Replaced some electrical, plumbing, Kitchens, Carpets-Updated baths-Hardwood flooring throughout, some covered with carpet-Large rooms and lots of closet space-carport or garage to protect up to 7 vehicles-Located 1/2 block from front of VA Hospital and near Catawba College- Bus lines-medical care, shopping and dining- List price is only $65.33 sq.ft. for heated space-There is over 1500 sq. ft. of unheated basement.coin operated W/Ds in basement-Cash flow of $24-$26K yearly.ROI 8 years with good management.

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Listing Type
Multi-Family
Listing ID
56786
Bedrooms
4
Bathrooms
4
House Size
3,022
Listing Status
Active
Year Built
1950
County
Rowan
Full Bath
4
Subdivision
Salisbury City Limits
Zoning
non conforming
Listing courtesy of BETTY S GRUBB REALTY
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