About The Property

157 Old Shaw Rd presents an excellent multifamily investment opportunity featuring a 10-unit apartment complex with strong in-place occupancy and consistent rental income. The property offers investors immediate cash flow with an average monthly rent of $871.06 per unit, providing both stable income and future upside potential through continued rental growth and operational efficiencies.The property has recently undergone extensive, high-value capital improvements designed to maximize efficiency, protect your margins, and attract premium tenants. Key modernizations include a comprehensive full plumbing overhaul and major electrical upgrades—complete with dedicated, newly added breaker boxes for every apartment. Inside the units, tenants enjoy an elevated living experience with brand-new kitchens and bathrooms, featuring all-new cabinetry, brand-new refrigerators,Read MoreRead Less
Courtesy of TOWNSEND COMMERCIAL, KENDRA LANCASTER, 910-485-1707.
Listing Snapshot
Days Online
15
Last Updated
Property Type
Apartment
MLS Number
LP765763
Koren Bowman
REALTOR
Agent profile image

Additional Details

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Building
Building Area Total: 0, Building Area Units: Square Feet, Living Area Units: Square Feet, Living Area: 0
Cooling
Cooling Included
Heating
Heating: "Baseboard", "Electric", Heating Included
Lot
Parcel Number: 0419311984
Property
Property Sub Type: Apartment, Zoning: MR5 - Mixed Residential
Sewer
Sewer: Other
Utilities
Utilities: Natural Gas Not Available
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30 Days Snapshot Of 28303
$85k
-4%
(avg) sold price
1
-75%
home sold
24
-64%
(avg) days on market
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Monthly Payment
$0

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Courtesy of TOWNSEND COMMERCIAL, KENDRA LANCASTER, 910-485-1707.

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