$360,000
$359,900
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6 Beds
5 Baths
2,500 SqFt
SOLD DATE : 06/03/2021
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $144
MLS Listing ID 3725272
Sold Date 06/03/21
Style Traditional
Bedrooms 6
Full Baths 4
Half Baths 2
Year Built 2021
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions IRREGULAR
Property Sub-Type Multi-Family
Property Description
NEW DUPLEX WITH TWO FULL LIVING UNITS. RENT BOTH OUT AND ENJOY SUBSTANTIAL INCOME OR LIVE IN ONE AND RENT THE OTHER, LET YOUR TENANT HELP PAY OR COMPLETELY PAY YOUR MORTGAGE (SUBJECT TO THE AMOUT BORROWED AND AT WHAT % RATE). MAINTENANCE FREE EXTERIOR WITH .41 ACRES OF LAND TO ENJOY OUTDOOR LIVING. COUNTY WATER AND SEWER ON SEPARATE METERS AND SEPARATE ELECTRIC FOR EACH UNIT.ADDITIONAL DUPLEX AVAILABLE NEXT DOOR TO THIS ONE AS WELL AS TWO MORE TO BE BUILT ON ADJACENT LOTS. GREAT INVESTMENT OPPORTUNITY. PROJECTED RETURN OF 7.5% CAP RATE WITH $1300 / MOS PROJECTED RENT PER UNIT. RETURNS SUBJECT TO LEASE RATES AND CASH PURCHASE OF PROPERTY.
Location
State NC
County Lincoln
Interior
Heating Heat Pump, Heat Pump
Flooring Carpet, Laminate
Fireplace false
Appliance Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Microwave, Oven
Laundry Main Level
Exterior
Exterior Feature Other
Community Features None
Waterfront Description None
Street Surface Concrete
Accessibility Other
Total Parking Spaces 4
Building
Lot Description Cleared, Level, Wooded
Building Description Vinyl Siding, Duplex
Foundation Crawl Space
Builder Name ONYX
Sewer County Sewer
Water County Water
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction true
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Yes
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Jocelyn Marrero • EXP REALTY LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "