1212, 1214, 1216, 1218 Alexander ST, Statesville, NC 28677
1212, 1214, 1216, 1218 Alexander ST, Statesville, NC 28677
1212, 1214, 1216, 1218 Alexander ST, Statesville, NC 28677
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$460,000
Est. payment /mo
8 Beds
4 Baths
2,800 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $164

MLS Listing ID 4437691

Bedrooms 8

Full Baths 4

Abv Grd Liv Area 2,800

Year Built 2024

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 189x90x178x13x67

Property Sub-Type Duplex

Property Description

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.

Location

State NC

County Iredell

Zoning R5MF

Interior

Heating Heat Pump

Cooling Central Air

Flooring Vinyl

Fireplace false

Appliance Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Laundry Electric Dryer Hookup, In Kitchen, Washer Hookup

Exterior

Utilities Available Electricity Connected

Roof Type Architectural Shingle

Street Surface Asphalt,Paved

Garage false

Building

Lot Description Corner Lot

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Vinyl

New Construction false

Schools

Elementary Schools N.B. Mills

Middle Schools Third Creek

High Schools Statesville

Others

Pets Allowed Call

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Subject to Lease


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Listed by Michael Mejia • Michael Andrew Group LLC • michaelncrealtor@gmail.com

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