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.
| MLS # | 4437691 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2024 |
| Days On Site | 10 |
| Listing Provided By | Michael Andrew Group LLC | Michael Mejia |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,800 |
| Story(s) | 1 |
| Units | 4 |
| Zoning | R5MF |
| Acreage | 0.36 |
| Cooling | Central Air |
|---|---|
| Heating | Heat Pump |
| Appliances | Electric Oven, Electric Range, Electric Water Heater, Refrigerator |
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Vinyl |
| Foundation Details | Crawl Space |
| Lot Features | Corner Lot |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Other - See Remarks |
| Utilities | Electricity Connected |
|---|
| List Aor | Canopy Realtor Association |
|---|
| Property | 473670 |
|---|
| State | NC |
|---|---|
| County | Iredell |
| City | Statesville |
| Zip Code | 28677 |
| Area | Iredell |
| School District | Statesville |
| Elementary School | N.B. Mills |
| High School | Statesville |
| Listing VS Median (in 28677) | |
Price: $460,000 low | high Med: $321,990 sqft: 2,800 low | high Med: 1,691 $ / sqft: $164 low | high Med: $191 On site: 10 low | high Med: 73 | |
| State | NC |
|---|---|
| County | Iredell |
| City | Statesville |
| Zip Code | 28677 |
| Area | Iredell |
| School District | Statesville |
| Elementary School | N.B. Mills |
| High School | Statesville |
| Listing VS Median (in 28677) | |
Price: $460,000 low | high Med: $321,990 sqft: 2,800 low | high Med: 1,691 $ / sqft: $164 low | high Med: $191 On site: 10 low | high Med: 73 | |