108 Franklin Street, Madison, NC 27025 | MLS #1154677 | Tyler Redhead & McAlister
Tyler Redhead & McAlister

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Listing provided courtesy of Century 21 Total Real Estate Solutions, LLCMLS# 1154677MLS Provider
  • 662 days on site
  • 1 views

Income Producing Business Investment Opportunity in DownTown Madison, NC! This renovated building has 4 offices suites that are currently rented at $1000 per month with a monthly gross income of $4000 per month. Renovations were completed in 2020 including interior remodeling and new heat pumps/central air! Each unit has a separate entrance and extra parking! Tenants have a 3 year lease in place with guaranteed income! This building is conveniently located and in walking distance to all shops and restaurants. The location is roughly 2 miles off of 220/I73! Private showings available by appointment only-please do not approach the building or disturb tenants.

Source: Triad MLS, MLS#: 1154677

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  • Property Type
    Commercial Sale

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Tyler Redhead & McAlister

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  • Median Age
    46
  • Population Density
    115
  • College Educated
    21%
  • Estimated Median Income
    $45,686
  • Estimated Total Home Owners
    3,607
  • Estimated Total Renters
    994
  • Owner / Renter Divide
    78% / 22%
  • Estimated Average Household Size
    2
  • Total Population
    11,346
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
9/5/2024Source: Triad MLS Added to Database
September 05, 2024