Investment opportunity in Reidsville, NC! This property is officially zoned as a duplex but is currently configured as a quadplex, offering the potential for four rental units. The entire home has undergone a cosmetic rehab, showcasing fresh updates throughout. Please note that heating is provided by electric baseboard in some areas, but additional heating elements may be needed to ensure complete livability. Buyers should confirm all zoning and permitting requirements to align with their intended use. Don't miss this unique chance to expand your portfolio in a growing market! Buyer should verify all systems as seller has never occupied the home.
Amazing opportunity to own a quadplex with an incredible rental history: Unit 1: $550 (Expires 9/20/2024); Unit 2: $525 (Expires 6/30/2024); Unit 3: (Vacant. Last rented for $575); Unit 4: (Vacant. Last rented for $550); New roof within the past year!
The median home value in Reidsville, NC is $215,000. This is higher than the county median home value of $134,700. The national median home value is $338,100. The average price of homes sold in Reidsville, NC is $215,000. Approximately 47.83% of Reidsville homes are owned, compared to 41% rented, while 11.16% are vacant. Reidsville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Reidsville real estate agent to arrange a tour today!
Reidsville, North Carolina has a population of 14,463. Reidsville is less family-centric than the surrounding county with 20.07% of the households containing married families with children. The county average for households married with children is 25.95%.
The median household income in Reidsville, North Carolina is $34,221. The median household income for the surrounding county is $46,993 compared to the national median of $69,021. The median age of people living in Reidsville is 45.4 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 28.9 degrees. The average rainfall is approximately 44.8 inches per year, with 6.3 inches of snow per year.