Ed Billings
This listing was posted on RealtyWW.
$259,000
Home For Sale In Elon, North Carolina
Price:
$259,000
BR/BA:
3 BR, 1 BA
Location:
104 Summers Dr, Elon, NC
Description:
Looking for an easy to rent, east to manage rental with a great return? Look no further! This student rental is oh so close to the heart of Elon University and leases itself due to a long term relationship with University fraternity. Recent upgrades include LVT flooring in common areas, new roof on the rear portion of the home, HVAC four years old. Fenced yard. Home is well maintained. Crawl space structurally reviewed and repaired. Current tenants leased thru May 31, 2023 at $2, 250/mo, the following year's tenants are in place (June 1 2024-May 31 2025) at $2, 400/mo. Factoring in all expenses, this year's cap rate of 7.8% and 8.5% for 2024-2025. Management is a breeze with existing property management relationship that bills on an hourly basis.For more details: https://realtyww.info/homes_elon-d539816/for-sale_i71538020
Property Type:
Single-Family Houses
Posted:
May 7 on RealtyWW
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More About this Listing: Home For Sale In Elon, North Carolina
Home For Sale In Elon, North Carolina is a Three Bedroom One Bath Single-Family Homes for Sale at 104 Summers Dr in Elon NC. Find other listings like Home For Sale In Elon, North Carolina and listings near 104 Summers Dr by searching Oodle Classifieds for Three Bedroom One Bath Single-Family Homes for Sale in Elon NC.
Home For Sale In Elon, North Carolina is a Three Bedroom One Bath Single-Family Homes for Sale at 104 Summers Dr in Elon NC. Find other listings like Home For Sale In Elon, North Carolina and listings near 104 Summers Dr by searching Oodle Classifieds for Three Bedroom One Bath Single-Family Homes for Sale in Elon NC.