$680,000
$720,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/01/2024
Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision College Lakes
MLS Listing ID 730989
Sold Date 11/01/24
HOA Y/N No
Year Built 1976
Property Description
Prime Investment Opportunity!
8 units in 2 quads at the end of a quiet street features eight 2-bedroom, 1-bath units, making it an ideal investment with great income potential.
Newly Renovated Units: 1 quad has been completely renovated with modern finishes and are currently vacant, offering the perfect opportunity to attract new tenants.
New framing, firewall between each unit, new electric, new plumbing, new windows and doors, new appliances, new hvac, new flooring, bathroom and kitchen, new insulation, new roof, freshly painted in and outside
Updated Units: The other quad is occupied and has been updated, providing immediate rental income.
This property offers a balanced mix of renovated and income-producing units, making it an excellent choice for both new and experienced investors.
Location
State NC
County Cumberland
Interior
Interior Features Kitchen/Dining Combo, Tub Shower
Heating Baseboard, Exhaust Fan, Separate Meters, Window Unit
Cooling None, Window Unit(s)
Flooring Tile, Vinyl
Fireplace No
Exterior
Exterior Feature Fence
Fence Partial
Water Access Desc Well
Building
Lot Description Dead End
Sewer Septic Tank
Water Well
Schools
Middle Schools Spring Lake Middle School
High Schools Pine Forest Senior High
Others
Tax ID 0520-88-4124
Security Features Smoke Detector(s)
Financing Wrap Around
Special Listing Condition None
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Bought with NON MEMBER COMPANY
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