Price Reduction
Address
127/129 N 1st Street, Spring Lake, NC
Price
$ 599,900
Property Attributes
- MLS#721165
- TypePending
- CountyCUMBERLAND
- CitySpring Lake
- NeighborhoodSPRING LAKE
- Zip28390
- StyleOne Story
- Price$ 599,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Fayetteville AOR / Long Leaf Pine REALTORS®
Property Description
Excellent investment opportunity. 8-unit multi-family property located in Spring Lake, NC. Less than 10 minutes to military base and centrally located to shopping, dining, and all city amenities. This property is 2 brick Quadplexes that face each other and is 100% occupied. Each unit offers 2 bedrooms and 1 bathroom. Plenty of parking. Tenants pay their own utilities. Monthly rental income is right at $5k. Owner pays for lawn care, repairs and property mgmt fees. PLEASE DO NOT DISTURB TENANTS - VACANT PICS OF LATEST UNIT THAT WAS ON THE MARKET. INSPECTIONS CAN BE SCHEDULED ONCE UNDER CONTRACT AND DD MONEY HAS BEEN RECEIVED. Seller will entertain all offers.
| Elementary School | Middle School | High School |
|---|---|---|
| Lillian Black Elementary | Spring Lake Middle School | Pine Forest Senior High |
| Price History | |
|---|---|
| 3/12/2024 | Listed $800,000 |
| 3/21/2024 | 14% - $695,000 |
| 4/25/2024 | 14% - $599,900 |
General Features
| Interior Features | EatinKitchen,PrimaryDownstairs,WindowTreatments |
|---|---|
| Sewer | PublicSewer |
| Heating | Baseboard,WindowUnit |
| Cooling | WindowUnits |
| Possession | CloseOfEscrow |
| Exterior Features | Courtyard |
| Architectural Style | OneStory |
| Construction Materials | Brick |
| Year Built | 1959 |
| Stories | 1 |
| Levels | One |
| Property SubType | Other |
| Percent Ownership | More than a year |
| OwnerPays | ExteriorMaintenance,GroundsCare,Insurance,Management,Repairs,RoofMaintenance |
| County | Cumberland |
| New Construction | No |
| Property Type | MultiFamily |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | SPRING LAKE |
| Garage Y/N | No |
| Special Listing Conditions | Standard |
| Status | Pending |
| ModificationTimestamp | 2024-05-03T15:28:17.323-00:00 |
| High School | Pine Forest Senior High |
| City | Spring Lake |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | CB - Central Business |
| Total Units | 8 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 1st |
| Listing Terms | Cash,NewLoan |
| Elementary School | Lillian Black Elementary |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Middle/Junior High School | Spring Lake Middle School |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 52 |
| Building Area Units | SquareFeet |
| Standard Status | Pending |
| Occupancy Type | Occupied |
| Property Sub Type Additional | Other |
| MobileHomeRemainsYN | No |
| PostalCity | Spring Lake |
| Legal Description | SPRING LAKE LO27 SE01 BLA PL0011-0003 UN01 |
Interior Features
| Flooring | Carpet,Laminate,Vinyl |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Blinds |
| Fireplace Y/N | No |
| Street Suffix | Street |
| Electric On Property Y/N | No |
| Below Grade Finished Area Unit Type | SquareFeet |
| Above Grade Finished Area Unit Type | SquareFeet |
| Living Area Units | SquareFeet |
Exterior Features
| Water Source | Lake |
|---|---|
| Lot Size Area | 0.0 |
| Spa | No |
| Lot Size Units | SquareFeet |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 28390
Price
Visits
Year Built
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here on an as is basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS
© 2024 Longleaf Pines Association of Realtors MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Longleaf Pines Association of Realtors MLS, Inc., Internet Data Exchange (IDX).
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here on an as is basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here on an as is basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS
