UPDATED:
Key Details
Property Type Single Family Home
Sub Type Portfolio
Listing Status Active
Purchase Type For Sale
Square Footage 13,480 sqft
Price per Sqft $138
Subdivision Lincoln Estate
MLS Listing ID 4332721
Bedrooms 32
Full Baths 17
Abv Grd Liv Area 13,480
Year Built 1969
Lot Size 2.400 Acres
Acres 2.4
Property Sub-Type Portfolio
Property Description
Currently, eight (8) units are rented with a strong rental history and reliable tenants. The portfolio consists of two (2) triplexes and ten (10) single-family homes, providing a balanced mix of stable income and future potential. This combination of income-producing properties and redevelopment possibilities makes the portfolio well-suited for investors seeking both immediate cash flow and long-term upside.
Conveniently located near Statesville amenities, these properties benefits from consistent demand and strong occupancy rates. With income in place from day one and additional value-add or development opportunities, this offering delivers stability, versatility, and long-term investment potential.
Please note: Tenants are not to be disturbed. All showings must be scheduled by appointment only. Sold as a package and as-is.
Location
State NC
County Iredell
Zoning R5M
Interior
Heating Central
Cooling Central Air
Appliance Electric Oven, Refrigerator
Laundry Electric Dryer Hookup, Lower Level, Washer Hookup
Exterior
Roof Type Architectural Shingle,Composition,Insulated
Street Surface Concrete,Paved
Garage false
Building
Dwelling Type Site Built
Foundation Slab
Sewer Public Sewer
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Conditional
Senior Community false
Special Listing Condition None
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Rick And Glayden Carney
Realtor®/Broker | License ID: 313815
Realtor®/Broker License ID: 313815
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