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606 Greensboro Street
Asheboro, NC 27203
Asking Price
$150K
Asset Type
Residential Land
Class
Class B
What's Special
Vacant Land, Great Location <p><strong style="color: rgba(0, 0, 0, 1)">Two parcels are being sold together as one. Tax IDs 7751967022 and 7751967027 combine for a total lot size of 0.32 acres. Zoned I-1 (Light Industrial). Given the existing dwellings, rezoning for single- or two-family development may be possible—great opportunity for a twin home. No subdividing allowed. Conveniently located near multiple medical offices and just 5 minutes from downtown Asheboro.</strong></p>
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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582
