Offering includes 415 N. Edgeworth St plus 505 W. Smith St and 420, 422, 424 N. Spring St. Nearly 2 acres in heart of downtown. The four homes on Smith/Spring sit on a prominent corner lot and are leased through 7/01, providing immediate income with future redevelopment flexibility. Pricing: • $1,700,000 for 505 W. Smith St + 420, 422, 424 N. Spring St • $2,999,000 for 415 N. Edgeworth St only • $4,699,000 for the full assemblage Property Highlights: • Site Size: ±1.30 acres (Edgeworth parcel) / ± .59 (505 W. Smith St + 420, 422, 424 N. Spring St) nearly 2 acres combined • Current Income: $228,457 annually (before expenses- Edgeworth parcel) / $96,000 annually (505 W. Smith St + 420, 422, 424 N. Spring St) • Leases: Mix of short- and intermediate-term in place • Location: Across from the ballpark in Downtown Greensboro • Potential: Mixed-use, multifamily, retail, office, or redevelopment
Based on the average sale price from the Winston Salem, NC office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
415 Edgeworth Street Greensboro, NC is a Single Family Home for sale at $4699000 with 9538 sqft and a lot size of Acre(s). 415 Edgeworth Street Greensboro has 0 bedrooms, 0 baths and was built in 1966. The property's zip code is 27401 which is in Greensboro, NC
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.