For Sale Multi-Family MLS# 10182022

511 Cummings Street

Gibsonville, NC 27249

$410,000

  • 4Beds
  • 4Baths
  • 2,573Sq Ft
  • 0.48Acres
  • 1930Built
  • $159Per Sq Ft
  • 115Days Listed
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About 511 Cummings Street

Premium Quadplex Investment: 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 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 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

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1930
Stories
2
Living area
2,573 sqft
Price / sqft
$159
Lot
0.48
Full baths
4
Original price
$410,000
MLS #
10182022

Interior

Features
Bathtub/Shower Combination, Smooth Ceilings
Appliances
Electric Water Heater, Free-Standing Electric Range, Free-Standing Refrigerator, Washer/Dryer
Flooring
Carpet, Luxury Vinyl, Vinyl
Heating
Ductless, Electric, Other
Cooling
Ceiling Fan(s), Electric, Window Unit(s), Wall Unit(s)
Windows
Blinds

Exterior & lot

Features
Rain Gutters
Construction
Vinyl Siding
Roof
Shingle
Foundation
Brick/Mortar
Patio & porch
Front Porch
Parking
Asphalt, Open

Schools

District
Alamance-Burlington Schools

Utilities

Utilities
Public Sewer, Public, Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Financial
Doorify MLS
Annual tax
$2,060
Tax year
2025
Parcel
107435 Alamance/229426 Guilford
Legal
511 Cummings St
Special conditions
Standard

Location

Subdivision
Not in a Subdivision
County
Alamance
Community
City Street

Ask about this property

Questions on 511 Cummings Street, Gibsonville, NC 27249, or want to see it in person?

Listed by Bill Sandford, AHB Realty and Property Mgmt.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.