106 E Murphy Street

Madison, NC 27025

About this property

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.

About this property

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.

Features and Additional Information

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$599,900 Active
5,100 sqft

Presented By Ida Terbet

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Get in touch today! Phone: 1-919-539-6409
Brokerage
A New Dawn Realty, Inc
1-336-643-4248

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Listed By Kris Cayton
Brokerage: A New Dawn Realty, Inc

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