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516 Cross St 2 Unit Apartment Building $484,575 CAD ($242,288 CAD/Unit) 6.76% Cap Rate Sanford, NC 27330

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EXECUTIVE SUMMARY

This property is a duplex consisting of 2 units. Each unit is 2 bed and 1 bath and 964 sq ft each. 516 is currently rented on a month to month basis and 518 is currently available for rent.

PROPERTY FACTS

Price $484,575 CAD
Price Per Unit $242,288 CAD
Sale Type Investment
Cap Rate 6.76%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.25 AC
Building Size 1,928 SF
Average Occupancy 50%
No. Stories 1
Year Built/Renovated 1951/2011
Zoning RESIDENTIA

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Tub/Shower
  • Yard
  • Attic
  • Deck
  • Double Pane Windows
  • Family Room
  • Lawn

SITE AMENITIES

  • Trash Pickup - Curbside
  • Bicycle Storage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9643-40-2224-00
Land Assessment
$27,916 CAD
Improvements Assessment
$216,312 CAD
Total Assessment
$244,227 CAD
  • Listing ID: 37681749

  • Date on Market: 2025-09-15

  • Last Updated:

  • Address: 516 Cross St, Sanford, NC 27330

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