5 N Lafayette ST Active Save Request In-Person Tour Request Virtual Tour
Shelby,NC 28150
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4158600
Year Built 1925
Lot Size 0.460 Acres
Property Description
Portfolio of 3 Income Properties. All located in uptown Shelby, within 2 blocks of each other.
5 N. Lafayette Street (13 units)
200 W. Marion Street (2 units)
131 W. Marion Street (2 units)
Current annual rent = $137,040
NOI = $96,768
Cap Rate = 8.8%
Location
State NC
County Cleveland
Zoning CB/GB
Interior
Inclusions Building,Land
Building
Structure Type Block,Brick Partial
New Construction false
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Subject to Lease