15 days on rocket

1851/1853/1855 Barnes St, Reidsville, NC, 27320

$180,000

Home List Price

$2,138*

Closing Credit

2 Bedrooms
1 Full Bath
600 - 800 SqFt
$212 - $283/SqFt
House
Schools Nearby

Location

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1851/1853/1855 Barnes St, Reidsville$180,000

Buyer Closing Credits

$2,138*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1927
HeatingOther
CoolingWindow Unit(s)
MLS #1139384
Lot Size0.61 Acres
StatusActive

About 1851/1853/1855 Barnes St

This unique investment property located just off Barnes St. encompasses 3 rental units that must be sold together,presenting a valuable opportunity for investors.The portfolio includes two 2-bedroom, 1-bath homes and one 1-bedroom, 1-bath home, collectively generating approximately $1,700 in monthly rents.Current occupancy details reveal that two homes are rented, maintaining a steady income flow,while the third home is available for showings,offering flexibility for potential occupancy or upgrades.It is believed that there are 2 septic systems; one standalone system for a single home, and another shared between the two remaining homes.This property offers a unique bulk-buy investment opportunity and requires buyers to verify all property details to ensure an informed investment decision.This investment is ideal for those looking to expand their portfolio w/ a stable income-producing property that also offers room for rent increases and value addition through strategic improvements.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1927

Listing Office:

  • Office Name: Allen Tate Oak Ridge Commons
  • Office Phone: (336) 644-1238
  • Listing Agent: Delia Stanley Knight

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: No
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level, Cleared, Wooded
  • Lot Size: 0.61 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Reidsville High School, Public District Grades 9-12
  • Rockingham County Early College High School, Public District Grades 9-12
  • Reidsville Middle School, Public District Grades 6-8
  • Williamsburg Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Hwy 158 East, continue onto Richardson Drive, right onto Barnes St. and houses will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $180,000
  • Price Per SqFt: $212 - $283/SqFt
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Housing Market Comparison

See how this home compares to others in Reidsville, NC.

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Reidsville, NC

City

Med. Sold Price

$214.3K

Med. Price/SqFt

$140

Avg. Days On Market

46

# of Sold Homes

34

1851/1853/1855 Barnes St vs Reidsville

15 DAYS ON ROCKET

-31 Days

$180,000

-$34.3K Less

$212 - $283/SqFt

+$212.1K More

KEY TAKEAWAY

This property is $34.3K less than the Median Sold Price and $212.1K/SqFt more than other homes in Reidsville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1139384

Listing Office:

  • Office Name: Allen Tate Oak Ridge Commons
  • Office Phone: (336) 644-1238
  • Listing Agent: Delia Stanley Knight

IDX Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$966

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4182734
5
/10

  • Williamsburg Elementary School

  • 2830 Nc Highway 87

  • 2.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4182735
4
/10

  • Reidsville Middle School

  • 1903 South Park Dr

  • 2.43 miles

  • Public District Grades 6-8

High School

school-card-donut-4182736
2
/10

  • Reidsville High School

  • 1901 South Park Dr

  • 2.16 miles

  • Public District Grades 9-12

school-card-donut-4182737
9
/10

  • Rockingham County Early College High School

  • Nc Hwy 65

  • 8.76 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,565. The most common annual income of people living in Reidsville, NC is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1851/1853/1855 Barnes St

What is the listing price of this property?

The listing price of 1851/1853/1855 Barnes St property is $180,000.

What type of property is this?

The property 1851/1853/1855 Barnes St is a house located in Reidsville, North Carolina, 27320.

Is this property for sale now?

Active Listing: 1851/1853/1855 Barnes St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1851/1853/1855 Barnes St are:
Williamsburg Elementary School: GreatSchools Rating 5/10
Reidsville Middle School: GreatSchools Rating 4/10
Reidsville High School: GreatSchools Rating 2/10
Rockingham County Early College High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 1851/1853/1855 Barnes St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1851/1853/1855 Barnes St is 600 - 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1851/1853/1855 Barnes St is 1927.

Rocket Homes›North Carolina›Rockingham County›Reidsville›27320›1851/1853/1855 Barnes St

This home is located at 1851/1853/1855 Barnes St in Reidsville, NC and zip code 27320. This home was built in 1927. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $180,000.

Over 13 listings were sold over their listed price in March 2024 in Reidsville, NC. In the same period over 13 listings were sold below the listed price and 8 listings were sold for the listed price. In March 2024 in Reidsville, NC there were 11.1% more homes for sale than in February 2024. In March 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $214,333.

From Rocket Homes Real Estate and based on county public records data.

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