1554 Barringer Street, Mount Pleasant, NC 28124

$560,200
11
BD
4,784
SqFt

Listing courtesy of Lantern Realty & Development, LLC. lizphallman@gmail.com

Sold listing courtesy of Mortice Commercial Real Estate

Sold Price
$560,200
List Price
$595,000
MLS#
4144525
Status
CLOSED
Days on Market
70
Property Type
Residential Income
Distressed Property
Yes
Year Built
1980
Closing Date
Aug 06, 2024
Bedrooms
11
Full Baths
5
Lot Size
17,859
Lot Size Area
0.41000000000000003
Living Area
4,784
Sq Ft Total
4784
County
Cabarrus
Subdivision
none
Special Conditions
Subject to Lease

Property Description

Do not miss your opportunity to own this fantastic investment property in the heart of Mt. Pleasant! This property has over 40 years of consistent rental income. The 3 bedroom, 1 bath home is currently vacant but rents for approximately $1200 per month. House includes a shed/outbuidling for extra storage. There are 4 apartment style units behind the house that are all currently rented on a month to month basis (no rental agreements in place) and they each rent monthly for around $700 per month. Each unit is approx 900 sqft with 2 beds/1 bath. The apartment units and the home will need some work/remodeling. Both properties share a driveway with plenty of parking room for all units. All addresses for the property include: 1554, 1562,1568,1566, 1558. Property is in walking distance to downtown Mt. Pleasant to enjoy all of the food and shopping! Easy access to hwy 73 and hwy 49. Schedule your appointment today!

Additional Information

Floor Coverings
Laminate
Equipment
Electric Oven
Foundation
Slab
Laundry Location
Laundry Room
Heating
Heat Pump, Other - See Remarks
Water
City
Sewer
Public Sewer
Exterior Construction
Aluminum, Brick Partial
Parking
Driveway, Parking Lot, Shared Driveway
Driveway
Gravel
Elementary School
Mount Pleasant
Middle School
Mount Pleasant
High School
Mount Pleasant
Total Property HLA
4784

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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