511 Cummings Street

Gibsonville, NC 27249
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32 images $410,000 View home

Not in a Subdivision

511 Cummings Street, Gibsonville NC 27249

4 bd / 4 ba / 2,573 sqft

Status: Active, MLS #10182022 Courtesy of AHB Realty and Property Mgmt..
Active ID# 10182022

511 Cummings Street

Gibsonville, NC 27249
Active ID# 10182022

Premium Quadplex Investment: 100% Occupied Cash Flow Powerhouse in Gibsonville Western Alamance Seize this exceptional opportunity to acquire a turn-key investment property in one of the region's most sought-after locations. This 4-bedroom, 4-bathroom quadplex is not just a building—it's a high-performing asset generating immediate and consistent cash flow, currently 100% occupied with reliable tenants. Durable and stylish luxury vinyl plank flooring installed throughout all units, offering a contemporary look and easy maintenance. Recently installed electric mini-split AC systems in three units provide individualized heating and cooling for each unit, ensuring tenant comfort and reducing utility costs. A full interior paint job in three units bring a modern, neutral palette makes the entire building feel bright, clean, and move-in ready. Three kitchens have been modernized, while the bathrooms feature contemporary vanities, fixtures, and finishes, elevating the overall tenant experience. Immediate Cash Flow: With the property currently 100% occupied, you'll start generating income from day one without the hassle of finding initial tenants. Situated in the highly desirable Western Alamance school district, this property appeals to a wide range of tenants, including families who value top-tier education, ensuring long-term stability and demand. This is a rare chance to own a premium, turn key income property in a prime location. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a reliable first property, this quadplex offers the perfect combination of immediate income and long-term appreciation potential. Properties of this caliber in the Western Alamance district are in high demand and don't stay on the market for long. Contact us today for the full financial details and to schedule your tour of this outstanding investment opportunity. Please note the home is in both Guilford and Alamance county

$410,000 4 bedrooms 4 full bathrooms 0.48 acres 2,573 square feet $159 per square foot
  • Construction Materials Vinyl Siding
  • Exterior Features Rain Gutters
  • Fencing None
  • Lot Size Acres 0.48
  • Other Structures None
  • Parking Features Asphalt, Open
  • Patio And Porch Features Front Porch
  • Pool Features None
  • Structure Type Multi Family, Quadruplex
  • Above Grade Finished Area 2,573
  • Appliances Electric Water Heater, Free-Standing Electric Range, Free-Standing Refrigerator, Washer/Dryer
  • Cooling Ceiling Fan(s), Electric, Wall Unit(s), Window Unit(s)
  • Cooling Y/N Yes
  • Flooring Carpet, Vinyl
  • Heating Ductless, Electric, Other
  • Heating Y/N Yes
  • Interior Features Bathtub/Shower Combination, Ceiling Fan(s), Smooth Ceilings
  • Laundry Features See Remarks
  • Window Features Blinds
  • Association Amenities None
  • Community Features None
  • Lot Features Cleared, Level
  • Tax Annual Amount 2059.91
  • Water Source Public
  • Year Built 1930

Additional Property Information

  • TypeQuadruplex
  • Built1930
  • NeighborhoodNot in a Subdivision
  • CountyAlamance
  • AreaGibsonville
  • Elementary School
  • Middle School
  • High School
More Info on School Ratings

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