+19199079906
The M Homes Group
Seller Representative Braddock Realty
Seller Representative Braddock Realty
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
Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .
/u.realgeeks.media/mhomesgroup/black_logo/logo_black_MHG.PNG){kind=logo}