7558 Katherine Drive, Denver, NC 28037
- $209,000
- 2
- BD
- 1
- BA
- 708
- SqFt
- List Price
- $209,000
- MLS#
- 4398922
- Status
- ACTIVE
- Property Type
- Residential
- Architectural Style
- Bungalow
- Year Built
- 1945
- Days on Market
- 13
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Lot Size
- 9,583
- Lot Size Area
- 0.22
- Living Area
- 708
- Sq Ft Total
- 708
- County
- Lincoln
- Subdivision
- Lakehaven Estates
Property Description
Charming Bungalow Retreat in Denver, NC – Perfect Starter Home or Investment Opportunity Welcome to this cozy bungalow retreat nestled in the heart of Denver, NC! Situated on a .22-acre lot, this delightful 2-bedroom, 1-bath home offers the perfect blend of comfort, affordability, and investment potential. Currently operating as a successful rental property, this home has been occupied by the same tenant for the past four years, generating consistent monthly income of $1,150. With a proven rental history and strong cash-flow potential, this property presents an excellent opportunity for investors seeking a turnkey addition to their portfolio. The current tenant is relocating out of state, creating a rare opportunity for a new owner to either continue its income-producing success or make it their own personal residence. Inside, you'll find a functional floor plan, inviting living spaces, and the charm and character that make bungalow living so appealing. The manageable yard offers space to relax, garden, or entertain, while the convenient location places you just minutes from shopping, dining, schools, and Lake Norman. Whether you're searching for your first home, looking to downsize, or seeking an affordable investment property, this Denver gem is ready for its next chapter. Don't miss this opportunity to own a property that combines small-town charm, proven income history, and future potential—all at an attainable price point.
Additional Information
- Floor Coverings
- Vinyl
- Equipment
- Dishwasher, Electric Range, Microwave, Refrigerator
- Foundation
- Crawl Space
- Main Level Rooms
- Kitchen, Living Room, Primary Bedroom, Bedroom(s), Laundry
- Laundry Location
- Mud Room, Utility Room, Main Level
- Heating
- Electric, Heat Pump
- Water
- Well
- Sewer
- Septic Installed, Other - See Remarks
- Exterior Construction
- Wood
- Roof
- Metal
- Parking
- Driveway
- Driveway
- Concrete, Paved
- Lot Description
- Level
- Elementary School
- Rock Springs
- Middle School
- North Lincoln
- High School
- North Lincoln
- Special Conditions
- None
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Listing courtesy of Coldwell Banker Realty. roxanne.kraemer@CBrealty.com
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