12600 Old Stage Road, Willow Springs, NC 27592
- Beds
- 20
- Baths
- 12
- Sqft
- 10,823
View property features, location on map, relevant school information and overview from seller's agent.
- 1
- 0
Overview
A rare opportunity to acquire a high-performing rental portfolio generating over $100,000 in annual rental income with a 10% CAP rate. This 8.6-acre property includes 5 single-family homes and 4 duplexes (12 doors total)—most of the homes have been extensively renovated and are leased through February 2026, with just one unit currently on a month-to-month lease.
The homes are in move-in ready condition, offering a turnkey solution for investors seeking immediate cash flow. Strategically located near Panther Lake, this property also provides potential for creative long-term exit strategies, future development, or value-add opportunities.
A vacant duplex on-site presents the possibility to increase the portfolio to 14 total units, further enhancing returns. With room to raise rents and long-term growth potential, this property offers both stability and upside for savvy investors.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Number of bedrooms
- 20
- Number of bathrooms
- 12
- Square feet
- 10,823
- Lot size (acres)
- 8.61
- Year built
- 1920
Utilities
- Heating
- See remarks
- Cooling
- Other
- Sewer
- Septic tank, Shared septic
- Water
- Shared well
Taxes
- Tax Annual Amount (2025)
- $2,474.30
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Triangle MLS MLS®#: 10102712 Last checked: …

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