Sold

1302 5th St, Statesville, NC 28677

Beds
3
Bath
1
Sqft
1,136

View property features, location on map, relevant school information and overview from seller's agent.

Listed byUnderwood Properties 2 LLC
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Overview

Exceptional investment opportunity just minutes from downtown Statesville! This unique portfolio offers 16 total units across 12 separate parcels (Parcel ID(s): 4733876245; 4733885394; 4733886666; 4733992545; 4733994319; 4734800899; 4734807354; 4734807436; 4743093456; 4744140404; 4744049339), all situated on approximately 2.4 acres. Currently, eight (8) units are rented with a strong rental history and reliable tenants. The portfolio consists of two (2) triplexes and ten (10) single-family homes, providing a balanced mix of stable income and future potential. This combination of income-producing properties and redevelopment possibilities makes the portfolio well-suited for investors seeking both immediate cash flow and long-term upside. Conveniently located near Statesville amenities, these properties benefits from consistent demand and strong occupancy rates. With income in place from day one and additional value-add or development opportunities, this offering delivers stability, versatility, and long-term investment potential. Please note: Tenants are not to be disturbed. All showings must be scheduled by appointment only. Sold as a package and as-is.

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
3
Number of bathrooms
1
Square feet
1,136
Lot size (acres)
0.16
Year built
1925

Interior features

Laundry
Washer Hookup, Electric Dryer Hookup

Exterior features

Horse amenities
Stable

Utilities

Heating
Forced Air
Cooling
Central Air

Public schools

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Sourced from: Canopy MLS MLS®#: 4362849 Last checked:

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