16 2 bed/1 bath Apartments on 3rd Street in Greenville, NC

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30419881
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 16 Units
Building Size (RSF): 7,042 SF
Gross Building Area: 14,084 SF
Gross Land Area: 0.88 Acres
Sale Price: $440,000
Unit Price: $27,500 Per Unit
Property Use Type: Investment
Usable Size (USF): 14,084 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 75
Last Updated: 5/14/2019

Overview / Comments

16 apartments available on 3rd Street in Greenville, NC. Located at 2401 & 2402 E. Third Street in between St. Peter's Catholic School and Cypress Glen Retirement Community. Built in 1960, both buildings are two stories and are primarily brick with board & batten corridors and all units are 2 bed and 1 bathroom each that are roughly 880SF each. Both buildings have boiler systems to run the baseboard heat systems and are conditioned by window units in each unit. There is a shared coin laundry facility in each building for the tenants use. These units are very convenient to Greenville's downtown area and less than one mile from East Carolina University.

Additional Details

Nearest MSA: Greenville
County: Pitt
Tax ID/APN: 21815, 19477
Zoning: R6S
Percent Occupied: 75%
Community Amenities: Jogging Paths
Property Located Between: St. Peter's Catholic School & Cypress Glen Retirement Community
Airports: Pitt-Greenville Airport
Total Number of Buildings: 2
Property Condition: Fair
Number of Stories: 2
Year Built: 1960
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: The exterior is all brick with a mix of board & batten through the corridors of each unit. The roof is asphalt shingle.
Parking Type: Surface
Parking Description: Ample parking on site at each building.
Laundry: Shared
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,766 53,971 106,744
Median Age: 25.08 29.82 30.99
Households: 4,955 22,032 43,447

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