Print Listing Details for 104 Summers Dr

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104 Summers Dr Elon, NC 27244
Listing # 10027072

$239,000
3 Bedrooms, 1 Baths, 1107 Sq. Ft.

Looking for an easy to rent, east to manage rental with a great return? Look no further! This student rental is oh so close to the heart of Elon University and leases itself due to a long term relationship with University fraternity. Recent upgrades include LVT flooring in common areas, new roof on the rear portion of the home, HVAC four years old. Fenced yard. Home is well maintained. Crawl space structurally reviewed and repaired. Lease in place, June 1 2024-May 31 2025) at $2,400/mo. Factoring in all expenses, cap rate is 9.0%! Management is a breeze with existing property management relationship that bills on an hourly basis.

Approximate Room Sizes/Locations

Kitchen	11.40 x 13.40	Main
Laundry	11.60 x 13.60	Main
Living Room	11.50 x 17.00	Main

Bathrooms

1 Full Baths

*Approximate Payments: $1,211
Price / Sq. Ft: $216
Days On Market: 70
Year Built: 1950

Address: 104 Summers Dr
City: Elon
Zip Code: 27244
County: Alamance
Neighborhood: Elon
Subdivision: Boone Station

Elementary School: Alamance - Elon
Middle School: Alamance - Western
High School: Alamance - West Alamance

# Fireplaces: 0
Appliances: Dishwasher,Electric Oven,Range,Refrigerator,Washer/Dryer,Water Heater
Flooring: Carpet,Laminate

Parking: Gravel

Structure: House
Construction Materials: Vinyl Siding
Roof: Shingle
Foundation: Block
Fencing: Wood

Property Type: Single Family Residence
Style: Ranch
Levels: One
New Construction: No

Lot: Level
Lot Size Acres: 0.25

Heating: Central,Propane
Cooling: Central Air,Gas
Water Source: Public
Sewer: Public Sewer

Total HOA Dues: $0.00
Annual Taxes: $1,398.00

Listing Office: Compass -- Chapel Hill - Durham
List Status: Pending

2024 7/11/2024.