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104 Summers Drive, Elon, NC 27244

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For Sale

$239,000

3 beds1 baths1,107 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Single Family Detached
    Property type

  • $215.90
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 10027072

Courtesy Of Compass North Carolina

(919) 999-8482

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Oven, Range, Refrigerator
  • Architecture Style
    Ranch
  • Cooling System
    Central A/C
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Laminate
  • Heating System
    Central Furnace
  • Lot Size
    0.25 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Full Bath, Kitchen, Laundry Room, Living Room

Map and Directions

Directions to 104 Summers Drive, Elon, NC 27244
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