104 Summers Drive, Elon (27244)
$259,000
3 
1 
PROPERTY DETAILS
| Address: |
view address Elon, NC 27244 Map Location |
Features: | Air Conditioning, Multi-level |
|---|---|---|---|
| Bedrooms: | 3 | Bathrooms: | 1 (full: 1) |
| Lot Size: | 10890.0 | Year Built: | 1950 |
| Styles: | Ranch | Property Type: | Single Family Residence |
| Neighborhood: | Boone Station | County: | Alamance |
| List Date: | 2024-05-03 | Listing Number: | 10027072 |
PROPERTY DESCRIPTION
Looking for an easy to rent, east to manage rental with a great return? Look no further! This student rental is oh so close to the heart of Elon University and leases itself due to a long term relationship with University fraternity. Recent upgrades include LVT flooring in common areas, new roof on the rear portion of the home, HVAC four years old. Fenced yard. Home is well maintained. Crawl space structurally reviewed and repaired. Current tenants leased thru May 31, 2023 at $2,250/mo, the following year's tenants are in place (June 1 2024-May 31 2025) at $2,400/mo. Factoring in all expenses, this year's cap rate of 7.8% and 8.5% for 2024-2025. Management is a breeze with existing property management relationship that bills on an hourly basis.
Contact Agent
Interior
Appliances
| Appliances: | Refrigerator, Dishwasher, Water Heater, Washer/Dryer, Electric Oven, Range |
Features
| Flooring: | Laminate, Carpet |
Cooling & Heating
| Cooling features: | Central Air, Gas | Heating features: | Central, Propane |
| Heating: | Yes |
Exterior
Exterior and Lot
| Lot features: | Level | Construction Materials: | Vinyl Siding |
| Foundation details: | Block | Roof: | Shingle |
| Style: | Ranch |
Parking
| Parking features: | Gravel |
Property Features
| Fencing: | Wood |
Property and Lot Details
Other
| Sewer: | Public Sewer |
Schools
| Elementary School: | Alamance - Elon | Middle or Junior School: | Alamance - Western |
| High School: | Alamance - West Alamance |
Fee
| Special Listing Conditions: | Standard | Annual Tax: | 1398 |
Building Information
| Year Built: | 1950 | Levels: | One |
| Stories: | 1 |
Lot
| Lot Dimensions: | 10890.0 |
Construction
| Building Area total: | 1107.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
Loading Data...
|
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
Loading Data...
|
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
PHOTO GALLERY
