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USANCThomasville305 Salem St
305 Salem St, Condo with 0 bedrooms, 0 bathrooms and null parking in Thomasville NC | Image 1
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$900,000

305 Salem St, Thomasville, NC

Condo

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size  sqft
Garage Yes
Maintenance Fees 
Taxes $7,043
Days Active 0
Approx. Age 1971
MLS® Number 1185605

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare 9-unit in downtown Thomasville! Eight spacious 2 BR/1 BA apartments plus one 3 BR/1 BA and a detached storage building on a corner lot. Eight units boast fresh paint, durable LVP, updated baths, and shaker-cab kitchens—only Unit B left for easy value-add. Stroll 0.3 mi to the brand-new Thomasville Aquatics & Community Center with pool, fitness, and events—an instant resident magnet. Area 2 BR market rents average ~$900/mo; at stabilization, potential gross is ±$97K/yr, projecting an 8 %+ cap at the $900K ask. Separate electric meters, city utilities, and low-maintenance brick keep expenses in check. Proven occupancy delivers steady cash flow from day one, with upside in Unit B and the storage building. DO NOT DISTURB TENANTS. Agents—see Agent-Only Remarks for showings and financials.Show Description
MLS® Number1185605
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher/Dryer Connection
Exposure
Exterior
GarageYes
Approx. Age1971
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump, Electric
A/CCentral Air
Heating Fuel

Extras

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