Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
1925
Sq.Footage
862
Exceptional investment opportunity just minutes from downtown Statesville! This unique portfolio offers 16 total units across 12 separate parcels (Parcel ID(s): 4733876245; 4733885394; 4733886666; 4733992545; 4733994319; 4734800899; 4734807354; 4734807436; 4743093456; 4744140404; 4744049339), all situated on approximately 2.4 acres. 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.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
Above Grade Finished Area
862.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
No
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$120,000
-
Sq. Footage
862
-
Price/SqFt
$139
HOA
-
Association
No
School District
-
Elementary School
Unspecified
-
Middle School
Unspecified
-
High School
Unspecified
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Iredell
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Listing Courtesy of Thomas Underwood , Underwood Properties 2 LLC
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Agent
Mary Patrella
Call Mary today to schedule a private showing.
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