104 Summers Drive, Elon, NC 27244
- Beds
- 3
- Bath
- 1
- Sqft
- 1,107
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
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. Lease in place, June 1 2024-May 31 2025) at $2,400/mo. Factoring in all expenses, cap rate is 9.0%! Management is a breeze with existing property management relationship that bills on an hourly basis.
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 1
- Number of bedrooms
- 3
- Number of bathrooms
- 1
- Square feet
- 1,107
- Lot size (acres)
- 0.25
- Year built
- 1950
Utilities
- Heating
- Central, Propane
- Cooling
- Central air, Gas
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2023)
- $1,398
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Triangle MLS MLS®#: 10027072 Last checked: …
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