1316 Yadkin Street, Statesville, NC 28677

$885,000
9
BD
4,698
SqFt

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Listing courtesy of His Way Realty LLC. ksumner@Hiswayrealty.com

List Price
$885,000
MLS#
4436174
Status
COMING SOON
Days on Market
0
Property Type
Residential Income
Distressed Property
Yes
Year Built
2023
Price Change
▲ $590,000 1792480367
Bedrooms
9
Full Baths
6
Lot Size
17,424
Lot Size Area
0.4
Living Area
4,698
Sq Ft Total
4698
County
Iredell
Subdivision
Meadow Brook
Special Conditions
Subject to Lease

Property Description

INVESTOR ALERT! THREE-HOME INCOME-PRODUCING PORTFOLIO IN STATESVILLE, NC! Incredible investment opportunity for both new and seasoned investors! This turnkey portfolio features three income-producing rental homes located at 1316, 1320, and 1324 Yadkin Street in Statesville, NC. All three properties are currently tenant-occupied, offering immediate rental income and an established tenant base. Each home generates $1,800 per month in rental income, providing a combined gross monthly income of $5,400 and an impressive $64,800 in annual gross rental income! The seller prefers to sell all three properties together, creating an excellent opportunity to acquire an established rental portfolio in one transaction. LOCATION, LOCATION, LOCATION! Conveniently situated near major highways, historic Downtown Statesville, shopping, schools, dining, hospitals, and everyday amenities, these properties offer accessibility and convenience for tenants. Whether you're looking to expand your existing real estate portfolio, establish a passive income stream, or build long-term wealth through real estate, this three-home package offers an outstanding opportunity with immediate cash flow potential. Three homes. Three income streams. One incredible investment opportunity! Don't miss your chance to add this income-producing portfolio to your investment strategy!

Additional Information

Equipment
Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
Foundation
Slab
Laundry Location
Electric Dryer Hookup, Washer Hookup
Heating
Forced Air
Water
City
Sewer
Public Sewer
Exterior Features
Lawn Maintenance
Exterior Construction
Aluminum
Roof
Composition
Parking
Attached Garage
Driveway
Concrete
Lot Description
Cleared, Level
Elementary School
N.B. Mills
Middle School
Statesville
High School
Statesville
Total Property HLA
4698

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