104 Summers DriveElon, NC 27244
- House
- $259,000
- 1,107 SQFT
- 3 Bedrooms
- 1 Bathrooms
- 1,107 SQFT
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. Current tenants leased thru May 31, 2023 at $2,250/mo, the following year's tenants are in place (June 1 2024-May 31 2025) at $2,400/mo. Factoring in all expenses, this year's cap rate of 7.8% and 8.5% for 2024-2025. Management is a breeze with existing property management relationship that bills on an hourly basis.
- Last Checked
- 1 minute ago
- Last Updated
- May 07, 2024
- Days on Website
- 15
- Type
- House
- Style
- Ranch
- Year Built
- 1950
- Neighborhood
- Boone Station
- County
- Alamance
- Elementary School
- Elon
- Middle School
- Western
- High School
- West Alamance
Property Details for 104 Summers Drive
104 Summers Drive is a house for sale in Elon, NC 27244. This 1,107 SQFT house sits on a 0.25 acre lot and features 3 bedrooms and 1 bathrooms. Built in 1950, this house has been on the market for a total of 15 days and is currently priced at $259,000.
Please contact Ed W Billings at Compass -- Chapel Hill - Durham direct by phone at 919-423-6627. You may also reach Compass -- Chapel Hill - Durham by phone at 919-999-8482.
Similar Properties for 104 Summers Drive
We found 1577 similar homes for sale with 3 bedrooms that are priced between $209,000 and $309,000.
Elon
Nearby Cities
Nearby Zip Codes
Nearby Listings
Listing Provider for 104 Summers Drive
Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
- Agent:
- Ed W Billings
- Agent Phone Number:
- 919-423-6627
- Office:
- Compass -- Chapel Hill - Durham
- Office Phone Number:
- 919-999-8482
- MLS ID:
- 10027072
- Data Source:
- Triangle MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- May 7, 2024 7:03 AM UTC
- Days on Site:
- 15