Edenton Medical Condo Income Producing

$ 215,000.00

701 Luke St, Edenton, NC 27932, USA
  • Property ID: 1307
  • Date added: 04/03/19
  • Post Updated: 2020-05-18 13:48:40
  • Floors: 1
  • Status:
  • Area: 1800 sq ft
  • Lot size: 43560 sq ft
  • Year built: 1993

Description

Medical Condominium unit C near Hospital in Edenton NC for sale. 1,800 sq ft, occupied by Vidant Physicians Office that just signed a new 3 year lease. Net Operating Income equals $25,721.61 after all expenses. Great investment opportunity with a credit tenant at nearly a 12% cap rate. Reflects an 8.35% return on investment at current asking price. Other Tenants in the 4 unit complex include Sentara Physician (D) and Coastal Rehab Physical Therapy (A&B).

View on map / Neighborhood

Features

Features:
  • Hospital adjacent
  • Long Term lease
Amenities:
  • Handicapped access
  • Landscaping
  • Private Parking

Documents

  • Survey
  • Tax Card
  • Deed
  • MLS Data

Agent

Agent profile image
Properties Qty: 88 Rating:

This style property is located in Edenton is currently and has been listed on The Rich Company. This property is listed at $ 215,000.00. It has bathrooms, and is 1800 sq ft. The property was built in 1993 year.