48708 Highway 52 Hwy., Richfield, NC 28137

48708 Highway 52 Hwy., Richfield, NC 28137
Photo 1 of 34
$1,800,000
Beds Baths Sq. Ft. Taxes Built
37 24.00 21,900 0 1969
On the market: 13 days

Est. Monthly Payment:

$10,778($10,778 + $0 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
12 All brick buildings with 23 apartment units, approximately 21,900 heated square feet, on 8 acres, zoned Highway Business, average yearly operating income $212,676, average yearly expenses $102,452.58, average net income $110,223. 16 of the 23 units have been renovated with heat pumps, replacement windows, LVP flooring, paint, & fixtures. There's room to build additional buildings & units if desired. Property is serviced by public water supply & on site private sewer treatment system. Great location right on Highway 52 just outside Phifer University & near Hwy 49 with quick commute to Kannapolis, Concord, & Charlotte NC.
Listing courtesy of Keith Knight, Wallace Realty