




106 E Murphy St, Madison, NC, 27025
--beds
--baths
0sqft
$599,900
--price/sqft
$3,845/moest. monthly cost
$153,800/yrincome needed
About This Home
Updated multi-use investment property offering a reliable income stream and a strong rental history. This is a rare opportunity to own and shape the future of a historic property in the heart of Madison’s growing downtown area. Located within Madison’s Social/Entertainment District, local ordinances permit outdoor dining and drinking, creating excellent potential for a vibrant and inviting atmosphere. Zoned Madison Town Center, the property allows for a wide range of permitted uses. The building currently features an occupied commercial space on the main level along with three additional occupied residential apartments, providing immediate rental income.
Getting Around
38
0
30
Schools
7/10
8/10
5/10
Construction
Condition
- Year built: 1935
Type & Style
- Home type: SingleFamily
Interior
Interior Area
- Total structure area: 5,100
Property
Details
- Parcel number: 119077
- Zoning: TCDMD
- Special condition: Owner Sale
Features
- Stories: 3
