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Nicole Prophet

nicole@kohorealty.com +1(919) 322-8090

Listed by AHB Realty and Property Mgmt.

$ 410,000

Est. payment -/mo

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511 Cummings ST Gibsonville, NC 27249

4 Beds

4 Baths

2,573 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,573 sqft

Price per Sqft $159

Subdivision Not In A Subdivision

MLS Listing ID 10182022

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1930

Annual Tax Amount $2,059

Lot Size 2,573 Sqft

Acres 0.48

Property Sub-Type Quadruplex

Source Doorify MLS

Land Area 2573

Property Description

Premium Quadplex Investment: 100% Occupied Cash Flow Powerhouse in Gibsonville Western Alamance Seize this exceptional opportunity to acquire a turn-key investment property in one of the region's most sought-after locations. This 4-bedroom, 4-bathroom quadplex is not just a building—it's a high-performing asset generating immediate and consistent cash flow, currently 100% occupied with reliable tenants. Durable and stylish luxury vinyl plank flooring installed throughout all units, offering a contemporary look and easy maintenance. Recently installed electric mini-split AC systems in three units provide individualized heating and cooling for each unit, ensuring tenant comfort and reducing utility costs. A full interior paint job in three units bring a modern, neutral palette makes the entire building feel bright, clean, and move-in ready. Three kitchens have been modernized, while the bathrooms feature contemporary vanities, fixtures, and finishes, elevating the overall tenant experience. Immediate Cash Flow: With the property currently 100% occupied, you'll start generating income from day one without the hassle of finding initial tenants. Situated in the highly desirable Western Alamance school district, this property appeals to a wide range of tenants, including families who value top-tier education, ensuring long-term stability and demand. This is a rare chance to own a premium, turn key income property in a prime location. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a reliable first property, this quadplex offers the perfect combination of immediate income and long-term appreciation potential. Properties of this caliber in the Western Alamance district are in high demand and don't stay on the market for long. Contact us today for the full financial details and to schedule your tour of this outstanding investment opportunity. Please note the home is in both Guilford and Alamance county

Location

State NC

County Alamance

Community Not In A Subdivision

Area 0.48

Interior

Interior Features Bathtub/Shower Combination, Ceiling Fan(s), Smooth Ceilings

Cooling Ceiling Fan(s), Electric, Wall Unit(s), Window Unit(s)

Flooring Carpet, Luxury Vinyl, Vinyl

Fireplace No

Appliance Washer/Dryer

Laundry See Remarks

Exterior

Exterior Feature Rain Gutters

Parking Features Asphalt, Open

Pool None

Community Features None

Utilities Available Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage No

Building

Lot Description Cleared, Level

Story Two

Foundation Brick/Mortar

Water Public

New Construction No

Others

Senior Community No

Tax ID 107435 Alamance/229426 Guilford

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

NEARBY SCHOOLS & PROPERTIES

Nicole Prophet

Broker | License ID: 313289

+1(919) 322-8090

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Nicole Prophet

511 Cummings ST Gibsonville, NC 27249

Key Details

Location

Interior

Exterior

Building

Others

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511 Cummings ST