(4) Investment Duplexes for Sale
May be bought individually! - $114,000 per duplex.
619/621 St. James Church Road
625/627 St. James Church Road
629/631 St. James Church Road
635/637 St. James Church Road
All - Newton, North Carolina, 28658
All in a row - easy to maintain, mow, etc.
Stickbuilt, quality construction, vinyl exterior.
Each duplex is on an individual parcel of land, each of approximately .44 acres.
Beautiful, quiet setting with a wooded area directly behind units.
(4) Duplexes = (8) total rental units
Each rental unit is a 2 bedroom, 1 bath unit featuring:
1. Range, refrigerator, dishwasher, washer/dryer hook-up (one unit does not have a dishwasher).
2. Central air/heat
3. Tilt-in windows
4. Separate meters (tenants pay all utilities); Exception, is sump pump electric bill on units 619/621. Approximately $22/month or $11/month per unit.
5. 900 Sq. ft, with lots of closet space
6. Rear wood decks
7. Off street parking - 2 to 3 spaces per unit
8. Built on crawlspace
All units have been very well maintained, and show well for rental appointments.
(7) out of (8) rental units are rented for $525/month, with deposits ranging from $300-$500.
(1) unit is rented for $500/month, with a $300 deposit.
Leases are for one year, then changing to month-to-month.
All units are rented as of date ad updated.
These units were bought as income property, for the tax benefits.
They have served that purpose well, but in 2008, owner was diagnosed with cancer.
While treatments have been successful, owner lacks the energy to manage these units.
Map of: 619 & 621 St. James Church Road , Newton, North Carolina 28658 United States
I'm interested in your property, listing id: 1988
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