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828-674-0900
Real Estate Company
1316 Yadkin Street, Statesville, NC 28677
- $885,000
- 9
- BD
- 4,698
- SqFt
- List Price
- $885,000
- MLS#
- 4436174
- Status
- ACTIVE
- Property Type
- Residential Income
- Distressed Property
- Yes
- Year Built
- 2023
- Price Change
- ▲ $590,000 1792480367
- Days on Market
- 3
- Bedrooms
- 9
- Full Baths
- 6
- Lot Size
- 17,424
- Lot Size Area
- 0.4
- Living Area
- 4,698
- Sq Ft Total
- 4698
- County
- Iredell
- Subdivision
- Meadow Brook
Property Description
INVESTOR ALERT! THREE-HOME INCOME-PRODUCING PORTFOLIO IN STATESVILLE, NC! Incredible investment opportunity for both new and seasoned investors! This turnkey portfolio features three income-producing rental homes located at 1316, 1320, and 1324 Yadkin Street in Statesville, NC. All three properties are currently tenant-occupied, offering immediate rental income and an established tenant base. Each home generates $1,800 per month in rental income, providing a combined gross monthly income of $5,400 and an impressive $64,800 in annual gross rental income! The seller prefers to sell all three properties together, creating an excellent opportunity to acquire an established rental portfolio in one transaction. LOCATION, LOCATION, LOCATION! Conveniently situated near major highways, historic Downtown Statesville, shopping, schools, dining, hospitals, and everyday amenities, these properties offer accessibility and convenience for tenants. Whether you're looking to expand your existing real estate portfolio, establish a passive income stream, or build long-term wealth through real estate, this three-home package offers an outstanding opportunity with immediate cash flow potential. Three homes. Three income streams. One incredible investment opportunity! Don't miss your chance to add this income-producing portfolio to your investment strategy!
Additional Information
- Equipment
- Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
- Foundation
- Slab
- Laundry Location
- Electric Dryer Hookup, Washer Hookup
- Heating
- Forced Air
- Water
- City
- Sewer
- Public Sewer
- Exterior Features
- Lawn Maintenance
- Exterior Construction
- Aluminum
- Roof
- Composition
- Parking
- Attached Garage
- Driveway
- Concrete
- Lot Description
- Cleared, Level
- Elementary School
- N.B. Mills
- Middle School
- Statesville
- High School
- Statesville
- Special Conditions
- Subject to Lease
Mortgage Calculator
Listing courtesy of His Way Realty LLC. ksumner@Hiswayrealty.com
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