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14-Unit Multifamily Property

106 Winston Street, Thomasville, NC 27360

For Sale
$600,000

The existing apartment property occupies a 2.5-acre site and dates to 1937.

Property SizeContact for details
Lot Size2.50 Acres
Days on Market46

Property Features for 106 Winston Street

General Information

Standard status Active
Lot size 2.50 Acres
Property subtype Apartment

Additional Details

Multifamily Units 14

Taxes and HOA fees

Annual Taxes $5,613

Building Details

Year Built 1937
Listing Agency: Homecoming Properties LLC
Listed By: Rebecca Nelson
Source: Dublinapropertypartners
Added: Sep 25 Changed: Nov 7 Last Checked: Nov 8 at 2:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homecoming Properties LLC

Rey
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Investment Insights

Based on property information with market context.

An existing 14-unit apartment property sits on 2.5 acres in Thomasville, North Carolina. The building was constructed in 1937. The property information also identifies the possibility of adding approximately 25 units in a second structure, which would bring the total to as many as 39 units.

Key Highlights

  • 14 existing multifamily units
  • 2.5‑acre site
  • Potential for approximately 25 additional units in a second building

Property Analytics

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Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby

Demographics for 27360, NC

47,165
Population
20,987
Households
2.2
Avg Household Size
41
Median Age
17%
College-Educated
85%
High-School Grad
88.5 sq mi
ZIP Area
533
Density / Sq Mi
$60,898
Median Household Income
$40,029
Median Earnings
$853
Median Rent
$174,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The existing apartment property occupies a 2.5-acre site and dates to 1937.
Where is this apartment building located?
The property is located at 106 Winston Street Thomasville, NC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 14 existing multifamily units; 2.5‑acre site; Potential for approximately 25 additional units in a second building
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