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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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511 Cummings St , Gibsonville, NC 27249
$410,000
Est. Payment: $2,100.22/mo
4 Bed
4 Bath
2573 Sqft
Status: active | Days on site: 32
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Premium Quadplex Investment: Cash Flow Powerhouse in Gibsonville Western Alamance Seize this exceptional opportunity to acquire a turn-key investment property in one of the region's most sought-after locations. This 4-bedroom, 4-bathroom quadplex is not just a building—it's a high-performing asset generating immediate and consistent cash flow, currently occupied with reliable tenants. Durable and stylish luxury vinyl plank flooring installed throughout all units, offering a contemporary look and easy maintenance. Recently installed electric mini-split AC systems in three units provide individualized heating and cooling for each unit, ensuring tenant comfort and reducing utility costs. A full interior paint job in three units bring a modern, neutral palette makes the entire building feel bright, clean, and move-in ready. Three kitchens have been modernized, while the bathrooms feature contemporary vanities, fixtures, and finishes, elevating the overall tenant experience. Immediate Cash Flow: With the property currently occupied, you'll start generating income from day one without the hassle of finding initial tenants. Situated in the highly desirable Western Alamance school district, this property appeals to a wide range of tenants, including families who value top-tier education, ensuring long-term stability and demand. This is a rare chance to own a premium, turn key income property in a prime location. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a reliable first property, this quadplex offers the perfect combination of immediate income and long-term appreciation potential. Properties of this caliber in the Western Alamance district are in high demand and don't stay on the market for long. Contact us today for the full financial details and to schedule your tour of this outstanding investment opportunity. Please note the home is in both Guilford and Alamance county

Highlights

Listed by Bill Sandford , 336-580-4282 and Shawn Edward Rowell , 321-278-9612 AHB Realty and Property Mgmt. , 336-580-4282. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

Lot/Acreage
0.48

Year Built

1930

County

Alamance

Neighborhood

Not in a Subdivision

Listing ID

10182022

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Electric Water Heater, Free-Standing Electric Range, Free-Standing Refrigerator, Washer/Dryer
Air Cond:Ceiling Fan(s),Electric,Wall Unit(s),Window Unit(s)
Fireplaces:
Floor:Carpet,Vinyl
Above Ground Sq Ft:2573
Below Ground Sq Ft:0
Other:
  • Additional:Bathtub/Shower Combination, Ceiling Fan(s), Smooth Ceilings
Water:Public

Exterior Features

Lot:Cleared,Level
Roof:Shingle
Others:
  • Additional:Rain Gutters, Front Porch
Sewer:Public Sewer
Parking Features:Asphalt,Open
Principal Interest
$2,100
Taxes
$172

Home Price

$410,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$82,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,100.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,100.22 $171.66 $0.00 $2,271.88
Yearly $25,202.64 $2,059.91 $0.00 $27,262.55
Total $756,079.18 $61,797.30 $0.00 $817,876.48

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Gibsonville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T13:40:36.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina