510 Piedmont Street
Reidsville, NC 27320
- 4 beds
- 4 baths
- 3,184 sqft
- 15,681 sqft lot
- $94 per sqft
- 1937 build
- – on site
Amazing opportunity to own a quadplex with an incredible rental history: Unit 1: $550 (Month-to-month); Unit 2: $525 (Month-to-month); Unit 3: $600 (Lease expires 10/31/2025); Unit 4: $600 (Lease expires 2/2026); New roof within the past year! New vinyl siding installed in early 2025! An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately presently. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows
Last checked:
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Last updated Mar 29, 2025
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MLS# 10034000 —
This property is listed in more than one place. See it here.
The Building
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Building Name:Penn House
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Year Built:1937
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New Construction:false
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Construction Materials:Frame
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Architectural Style:Traditional
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Roof:Shingle
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Foundation Details:Brick/Mortar
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Stories:2
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Levels:Two
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Basement:false
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Building Area Total:3184
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Building Area Units:Square Feet
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Above Grade Finished Area:3184
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:16
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Flooring:Carpet
Room Dimensions
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Living Area:3184
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Living Area Units:Square Feet
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Living Area Source:Appraiser
Financial & Terms
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Lease Term:12 Months
Location
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Directions:From US-29 N take exit 150 for Barnes St toward Reidsville/Downtown; Lt on Barnes St; Pass by Bojangles (on the Lt in 0.3 mi); Lt on Lawsonville Ave; Slight Lt onto E Harrison St; Right on Gardner St; Right on Piedmont St; Destination will be on the left.
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Latitude:36.35649
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Longitude:-79.669281
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Coordinates:-79.669281, 36.35649
The Property
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Property Type:Residential
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Property Subtype:Quadruplex
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Property Attached:true
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Parcel Number:149854
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Lot Size Acres:0.36
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Lot Size Area:15681.6
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Lot Size Dimensions:98 x 155 x 100 x 154
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Lot Size SqFt:15681.6
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Lot Size Units:Square Feet
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View:true
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Horse:false
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (919) 906-4840
- Office phone:
- (919) 960-6300
Taxes
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Tax Annual Amount:947.14
Beds
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Bedrooms Total:4
Baths
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Total Baths:4
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Total Baths:4
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Total Baths:4
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Full Baths:4
The Listing
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Virtual Tour URL Unbranded:https://id.land/ranching/maps/1976ff3070dac2393ab1635bc6740b50/share/unbranded
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Baseboard
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Heating:true
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Cooling:Electric
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Rockingham County Schools
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Middle Or Junior School:Rockingham County Schools
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High School:Rockingham County Schools
The Community
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Subdivision Name:Not in a Subdivision
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Association:false
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Pool Private:false
Parking
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Garage:false
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Carport:false
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Open Parking:true
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Open Parking Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/21/24
Sep 21, 2024
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Relisted | DMLS | $299,900 | |
8/28/24
Aug 28, 2024
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Pending | DMLS | $299,900 | |
6/6/24
Jun 6, 2024
|
Listed / Active | DMLS | $299,900 | 361.4% (57.6% / YR) |