Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit… Read More types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.Seller's are listing brokers and licensed NC Real Estate Brokers. Read Less
Courtesy of Jarrod Covington, Cadence Realty Corporation
Listing Snapshot
Days Online
55
Last Updated
Square Ft.
1,302
Lot Size
4.36 Acres
Year Built
2002
MLS Number
100512238
30 Days Snapshot Of 28409
$584k
-16%
(avg) sold price
58
+9%
homes sold
70
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
189,921 sqft lot, Lot Dimensions: irregular, 4.36 acres
Property
1,302 heated sqft, 1,302 total available sqft, Built in 2002, Gross Income: $168,000, List Price/SqFt: $2,151, Zoning: R-15
Taxes
City Tax Rate: 6340, Tax Year: 2025
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of . All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Cadence Realty Corporation shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
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