NC > Richfield
Richfield, NC 28137,48708 Highway 52 HWY
Richfield, NC 28137,48708 Highway 52 HWY
Richfield, NC 28137,48708 Highway 52 HWY
Richfield, NC 28137,48708 Highway 52 HWY
Richfield, NC 28137,48708 Highway 52 HWY
Richfield, NC 28137,48708 Highway 52 HWY
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
13
Nov
Fri
14
Nov
Sat
15
Nov
John Burbach

John Burbach

+1(704) 360-0234
$ 1,800,000
Est. payment | /mo

24 Baths

8 Acres Lot

Save
$ 1,800,000
Est. payment | /mo
Save

24 Baths

8 Acres Lot

Key Details

Property Type Commercial

Sub Type None

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4293669

Year Built 1969

Lot Size 8.000 Acres

Acres 8.0

Property Sub-Type None

Property Description

12 All brick buildings with 23 apartment units, approximately 21,900 heated square feet, on 8 acres, zoned Highway Business, average yearly operating income $212,676, average yearly expenses $102,452.58, average net income $110,223. 16 of the 23 units have been renovated with heat pumps, replacement windows, LVP flooring, paint, & fixtures. There's room to build additional buildings & units if desired. Property is serviced by public water supply & on site private sewer treatment system. Great location right on Highway 52 just outside Phifer University & near Hwy 49 with quick commute to Kannapolis, Concord, & Charlotte NC.

Location

State NC

County Stanly

Zoning H-B

Interior

Inclusions Building, Business, Equipment, Fixtures, Land

Exterior

Roof Type Architectural Shingle

Street Surface Paved

Total Parking Spaces 36

Building

Lot Description Cleared, Level

Dwelling Type Site Built

Structure Type Brick Full

New Construction false

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Keith Knight • Wallace Realty • keitheknight@gmail.com
John Burbach

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(704) 360-0234

john.burbach64038+inactive@exprealty.com

106 Langtree Village Dr., Ste. 301, Mooresville, NC, 28117

GET MORE INFORMATION

Name
Phone*
Message
By checking this box, and clicking “SUBMIT,” I am confirming that I have read and agree to this website’s Privacy Policy and Terms of Service and I am providing my electronic signature and consent to receive marketing communications (about real estate brokerage services, and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone call and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate agents, and/or its affiliates at the telephone number and email address I provided. Message frequency varies and message and data rates may apply. Consent is not a condition of purchase. You may opt-out at any time by replying “STOP” to a text or “HELP” for assistance or unsubscribing via email. You may call to obtain direct assistance.

Go tour this home

48708 Highway 52 HWY