Reidsville, NC 27320,520 N Scales Street
Listed by Coldwell Banker HPW
Bought with Relevate Real Estate Inc.

$215,000

$215,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

3 Baths

2,403 SqFt


SOLD DATE : 08/29/2025

Key Details

Sold Price $215,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,403 sqft

Price per Sqft $89

Subdivision Not In A Subdivision

MLS Listing ID 10101613

Sold Date 08/29/25

Bedrooms 4

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,403

Year Built 1927

Annual Tax Amount $725

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Triplex

Source Triangle MLS

Property Description

Seize the chance to own a beautifully updated triplex in the thriving Reidsville, NC market! This exceptional multi-family property offers incredible income potential, perfect for seasoned investors or those looking to house-hack and live for free while generating cash flow. It is a triplex, so there are 3 separate power meters, however, the landlord pays for water as there is only the one water meter. The metal roof is nearing the end of its life and should be replaced within the next 5 years, consequently the property was priced substantially lower than market dictates to allow the future buyer the ability to replace the roof if desired, but now the seller has decided to install a new roof and it is being installed July 2025 so the list price is being raised accordingly so act fast as this property certainly won't last long on the market!

Location

State NC

County Rockingham

Zoning R6RD

Direction From US-29 N take exit 153 toward NC-14 N/Eden; Turn left onto NC-14 N/US-158 W; Turn left onto Madison St; Turn left onto N Scales St; Building housing 518 and 520 and 522 N Scales St will be on the right.

Rooms

Other Rooms Primary Bedroom (Main)
Primary Bedroom (Main)
Primary Bedroom (Lower)
Kitchen (Main)
Kitchen (Main)
Kitchen (Lower)

Basement Apartment

Primary Bedroom Level Main

Interior

Heating Baseboard

Cooling Varies by Unit

Flooring Carpet, Vinyl

Exterior

View Y/N Yes

Roof Type Metal

Garage No

Private Pool No

Building

Faces From US-29 N take exit 153 toward NC-14 N/Eden; Turn left onto NC-14 N/US-158 W; Turn left onto Madison St; Turn left onto N Scales St; Building housing 518 and 520 and 522 N Scales St will be on the right.

Story 1

Foundation See Remarks

Sewer Public Sewer

Water Public

Architectural Style Traditional, Transitional

Level or Stories 1

Structure Type Unknown

New Construction No

Schools

Elementary Schools Rockingham County Schools

Middle Schools Rockingham County Schools

High Schools Rockingham County Schools

Others

Senior Community No

Tax ID 153748

Special Listing Condition Standard

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Doorify MLS / Triangle MLS
Michelle Tomlinson

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