$489,000
 $2,776 est/mo Sourced by Back At You

622 & 624 S Williamson Avenue,Elon, NC 27244

Elon, NC 27244

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Description

***Back on the Market*** Buyer financing failed due to a change in the zoning code in Elon. This Multifamily property is grandfathered but there since there will be no additional Duplexes permitted, it's even MORE UNIQUE!! Amazing TURN KEY Investment property for students, or Primary home with rental income! Townhome style Duplex Minutes from Elon University and 40/85. Close to shopping, restaurants and everything you need! Fully renovated with new LVP, Paint, and HVAC! One unit leased until April 30 2024 and one just became vacant! Each unit will rent OVER $2400 ($800 per bedroom for students) Total $4800 per Month! 1350 sqft each! Showing Unit 624 Only- Do Not Disturb Tenants!

Details

MLS#1129205
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year2006
Days On Site475
Listing Provided ByRE/MAX DIAMOND REALTY | Timothy Supples

Features

Units2
ZoningR-7
Acreage0.34

Market Activity 27244

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Learn More About This Property

StateNC
CountyAlamance
CityElon
Zip Code27244
Listing VS Median (in 27244)
Price:
$489,000
low | high
Med:
$450,000
57.975460122699% of Average
On site:
475
low | high
Med:
56.000000
100% of Average
Sourced by Back At You
Listing Updated: February 20, 2025 at 12:41:47 PM PST