1212, 1214, 1216, 1218 Alexander Street, Statesville, NC 28677

$460,000
8
BD
2,800
SqFt

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Listing courtesy of Michael Andrew Group LLC. michaelncrealtor@gmail.com

List Price
$460,000
Status
ACTIVE
MLS
4437691
Beds
8
Full Baths
4
County
Iredell
Type
Multifamily
Year Built
2024
Agent
Michael Mejia

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.

Additional Information

Subtype
Residential Income
Lot Description
Corner Lot
Living Area
2,800
Elementary School
N.B. Mills
Middle School
Third Creek
High School
Statesville
Zoning
R5MF
Directions
From Charlotte take I-77 North toward Statesville. Take Exit 49A for US-70 West / Garner Bagnal Boulevard. Turn left onto US-70 West / Garner Bagnal Boulevard. Continue on Garner Bagnal Boulevard toward downtown Statesville. Turn right onto S Oakland Avenue. Continue north on S Oakland Avenue. Turn right onto E Broad Street. Turn left onto N Oakland Avenue. Continue to Alexander Street and turn right. Continue to 1212 Alexander Street, your destination.
Roof
Architectural Shingle
Foundation
Crawl Space
Floors
Vinyl
Water
City
Sewer
Public Sewer
Appliances
Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Driveway
Asphalt, Paved
Cooling
Central Air
Water
City
Sewer
Public Sewer
Foundation
Crawl Space
Roof
Architectural Shingle

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