PENDING

127/129 N 1st Street, Spring Lake, NC 28390

Date Listed: 03/12/24

Pending
Updated: 05/07/24
$ 599,900
CLASS: Other Multi-Family
NEIGHBORHOOD: SPRING LAKE
MLS# 721165
COUNTY: Cumberland
YEAR BUILT: 1959
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Description

Excellent investment opportunity. 8-unit multi-family property located in Spring Lake, NC. Less than 10 minutes to military base and centrally located to shopping, dining, and all city amenities. This property is 2 brick Quadplexes that face each other and is 100% occupied. Each unit offers 2 bedrooms and 1 bathroom. Plenty of parking. Tenants pay their own utilities. Monthly rental income is right at $5k. Owner pays for lawn care, repairs and property mgmt fees. PLEASE DO NOT DISTURB TENANTS - VACANT PICS OF LATEST UNIT THAT WAS ON THE MARKET. INSPECTIONS CAN BE SCHEDULED ONCE UNDER CONTRACT AND DD MONEY HAS BEEN RECEIVED. Seller will entertain all offers.

Details

Location
  • Sub Division Name: SPRING LAKE
  • City: Spring Lake
  • County Or Parish: Cumberland
  • State Or Province: NC
  • Postal Code: 28390
Basic
  • lmlsid: 721165
  • List Price: $599,900
  • Property Type: Multi-Family
  • Property Sub Type: Other
  • Year Built: 1959
Schools
  • Elementary School: Lillian Black Elementary
  • Middle School: Spring Lake Middle School
  • High School: Pine Forest Senior High
Interior
  • Interior Features: Eat-in Kitchen, Air Conditioned, Master Bedroom Downstairs, Other Bedroom Downstairs, Windows-Blinds
  • Office SQFT: 2024-05-03
  • Flooring: Carpet, Laminate, Vinyl
  • Heating: Baseboard, Window Unit
Exterior
  • Architectural Style: 1 Story
  • Construction Materials: Brick
  • Exterior Features: Courtyard
Building
  • Number Of Units Total: 8
  • Number Of Units Two Beds: 8
Land
  • Lot Size Area: 0.0000
  • Zoning: CB - Central Business
Utilities
  • Electric Source: Duke Progress Energy
  • Gas: None
  • Sewer: Spring Lake Sewer
  • Water Source: Spring Lake Water
Transaction
  • Buyer Financing: All New Loans Considered, Cash
  • Transaction Type: Sale
Source of information: Fayetteville NC MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data for this listing last updated: May 7, 2024, 5:52 a.m.

SOLD INFORMATION

Maximum 25 Listings
Closings Date $ Sold Area
501 Weaver Street
Spring Lake, NC 28390 		12/22/23 400000 OTHER