Property Images: 
MLS# 99867: Tenant pays ALL expenses!
Asking Price: 
550,000
Subdivision: 
Unit/Lot #: 
47013 Buxton Back Road Buxton, NC 27920
Waterfront: 
None
Area: 
Buxton

Information

Hard not to consider this opportunity! Long time tenant pays monthly rent, all property taxes, insurances, and upkeep. Who wouldn't want a tenant like that! Bank has occupied the building since construction in 1980 and typically renews lease in 5 year increments.

Current monthly income to owner is $3,700, or $44,400 a year; an 8% annual return on your investment. Property includes two parcels, one with that includes the building and another that includes some of parking spaces on the corner of Highway 12 and the Back Road. Pin numbers include 053607598475 and 053607598574. Taxes and tax value on listing include both parcels.

Area
Buxton Oceanside
Lot Description
Additional Land Available,Corner,Level
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Subject to Tenancy
Foundation
Slab
Roads
Paved
Public
Heating
Central
Electric
Heat Pump
Zoned
Air Conditioning
Central
Heat Pump
Taxes
$2075.94
Construction
Frame
Parking
1-25 Spaces
Parking Lot
Paved
Year Built
1980
Days On Market
172
Listing Agent
Carla Reynolds
Listing Office
NC 12 Realty

Request More Information

Jessica Evans
Senior Associate Broker
Cell: 252-305-0629

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