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Executive Summary

Strong investment opportunity with significant recent capital improvements already completed! This well-maintained 13-unit apartment building features an attractive unit mix of seven 2-bedroom units, two 1-bedroom units, and four studio apartments, offering broad tenant appeal and strong rental potential. Current ownership has invested approximately $325,000 in upgrades and improvements, including updated kitchen cabinets, bathroom renovations, and windows. Newer metal roof, and a newly created parking lot. With major improvements already in place, and conveniently located, this turnkey property is ideal for investors seeking strong rental potential and minimal deferred maintenance. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer entering the multifamily market, this move-in-ready building checks every box.

Property Facts

Price $2,035,352 CAD
Price Per Unit $156,566 CAD
Sale Type Investment
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.32 AC
Building Size 8,540 SF
No. Stories 2
Year Built 1936
Opportunity Zone Yes
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5020-16-92-5721
Land Assessment
$61,045 CAD
Improvements Assessment
$377,258 CAD
Total Assessment
$438,303 CAD
  • Listing ID: 40680884

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: 1007 S Main St, Mount Airy, NC 27030

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