REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Kelly Myers - MrLakeNorman

kelly@mrlakenorman.com +1(704) 621-5000

$ 460,000

Est. payment | -/mo

8 Beds

4 Baths

2,800 SqFt

Save

$ 460,000

Est. payment | -/mo

Save

8 Beds

4 Baths

2,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $164

MLS Listing ID 4437691

Bedrooms 8

Full Baths 4

Abv Grd Liv Area 2,800

Year Built 2024

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 189x90x178x13x67

Property Sub-Type Duplex

Property Description

Expand your investment portfolio with this opportunity featuring two duplex buildings completed in 2024, offering four residential units situated on approximately 0.36 acres! Each unit features 2 bedrooms and 1 bathroom, providing a total of 8 bedrooms and 4 bathrooms across the property. With construction completed in 2024, the property offers modern finishes and newer major systems, making it an attractive option for investors seeking long-term rental potential. One duplex is fully occupied, with both units leased through mid-2027, providing established rental income, while the second duplex is vacant and ready for new tenants. This combination offers investors the benefit of existing tenancy alongside the flexibility to establish rental terms for the two vacant units. With four residential units, newer construction, and additional leasing potential, this property presents an attractive opportunity to grow or diversify an investment portfolio.

Location

State NC

County Iredell

Zoning R5MF

Interior

Heating Heat Pump

Cooling Central Air

Flooring Vinyl

Fireplace false

Appliance Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Laundry Electric Dryer Hookup, In Kitchen, Washer Hookup

Exterior

Utilities Available Electricity Connected

Roof Type Architectural Shingle

Street Surface Asphalt,Paved

Garage false

Building

Lot Description Corner Lot

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Vinyl

New Construction false

Schools

Elementary Schools N.B. Mills

Middle Schools Third Creek

High Schools Statesville

Others

Pets Allowed Call

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Subject to Lease

Listed by Michael Mejia • Michael Andrew Group LLC • michaelncrealtor@gmail.com

Nearby School & Business

Get More Information

Kelly Myers - MrLakeNorman

+1(704) 621-5000

Broker/Owner/Trainer/Coach License ID: 300067

Quick Search

1212, 1214, 1216, 1218 Alexander ST Statesville, NC 28677

Kelly Myers - MrLakeNorman

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information