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About This Home
This 0-bedroom, 0-bathroom single family at 106 E Murphy Street in Madison, NC is listed for $599,900 ($118 per sqft). Built in 1935, the home offers 5,100 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1935
- 3 stories
Property Details
Monthly Cost Estimate
$3,208/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
106 E Murphy Street
Madison, NC 27025
Questions & Answers
This 0-bedroom, 0-bathroom single family at 106 E Murphy Street is listed at $599,900 ($118/sqft). The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.
Key features include: Built in 1935, 3 stories.
This property is listed by Kris Cayton and can be reached at 3366132235 or kcaytonrealtor@msn.com.


