Description
6-unit building located at 600 S Vyne Street Built in 1980 and 100% occupied, total of 4,170 square feet Brick exterior Single story w/ crawl Space Central HVAC in all units Metal Roof Current Cap Rate: 11.03% Projected Cap Rate: 11.55% (with modest rent increase to $800/unit) Current NOI: $51,640 NOI at Market Rent: $54,040 All tenants are on month-to-month leases ranging from $750-800/mo All units are individually metered and tenants pay water and electricity directly to providers; trash pickup is included on tenants' water bill. Occupied units will not be shown until under contract
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0BEDS
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0.46ACRES
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0BATHS
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01/2 BATHS
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4,170SQFT
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$112$/SQFT
School Ratings & Info
Listing courtesy of Braddock Realty: . © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Description
6-unit building located at 600 S Vyne Street Built in 1980 and 100% occupied, total of 4,170 square feet Brick exterior Single story w/ crawl Space Central HVAC in all units Metal Roof Current Cap Rate: 11.03% Projected Cap Rate: 11.55% (with modest rent increase to $800/unit) Current NOI: $51,640 NOI at Market Rent: $54,040 All tenants are on month-to-month leases ranging from $750-800/mo All units are individually metered and tenants pay water and electricity directly to providers; trash pickup is included on tenants' water bill. Occupied units will not be shown until under contract
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Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-04-11T12:51:24.9.