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Size: 8 Acres
Type: Land

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SINGLE_FAMILY - Richfield, NC

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.

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Wallace Realty

License #200248

Salisbury, NC

(704) 363-0096

Keith Knight

Wallace Realty
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Is this your property? Sell it faster with premium placement and targeted ads.