$845,000
SOLD NOV 14, 2024
12 Beds
6 Baths
4,680 Sq Ft
2.42 Acres

Recently Sold

$181 Per Sq Ft

9% Below List Price

3 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • Four Sided Brick Exterior Elevation
  • Sherrills Ford Elementary School Rated A-
  • Front Green Space
  • Vinyl Flooring

About This Home

As of November 2024

Discover an investor's dream opportunity with these three charming duplexes in Terrell, NC, boasting a total of six fully rented units. Each spacious two-bedroom, one-bath unit features unique exposed brick that adds character and warmth, making them highly desirable for tenants. The roofs are just 4-5 years old, ensuring low maintenance costs for years to come. Located just a short walk from the beautiful shores of Lake Norman. This prime investment offers steady cash flow and the potential for long-term appreciation in a growing area. Don’t miss your chance to capitalize on this remarkable property!

Last Agent to Sell the Property

Dan Jones

Carolina Real Estate Experts The Dan Jones Group Brokerage Email: dan@myhomecarolinas.com License #268937

Co-Listed By

David Etz

Carolina Real Estate Experts The Dan Jones Group Brokerage Email: dan@myhomecarolinas.com License #303617

Last Buyer's Agent

Freddy Karmatz

FK and Associates Real Estate Firm License #282367

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • Front Green Space
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,680 Sq Ft Home
  • Property has 1 Level
  • Wired For Data
  • Oven

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Schools

  • Sherrills Ford Elementary School
  • Mill Creek Middle School
  • Brandys High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Community Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance
  • Assessor Parcel Number 4617045036810000

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1973
  • Road Surface Type: Dirt, Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: dan@myhomecarolinas.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Appliances: Oven
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 4680
  • Basement YN: No
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Living Area: 4680
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Wall Unit(s), Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Wired Internet Available
  • Water Source: Community Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Mill Creek
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Wooded
  • Lot Size Area: 2.42
  • Lot Size Units: Acres
  • Parcel Number: 4617045036810000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-30

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Sherrills Ford
  • High School: Brandys

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Sold $845,000 -8.6% $181 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $924,900 0.0% $198 / Sq Ft
09/26/2024 09/26/24 Price Changed $924,900 0.0% $198 / Sq Ft
07/19/2021 07/19/21 Rented $800 0.0% --
07/12/2021 07/12/21 For Rent $800 0.0% --
05/27/2020 05/27/20 Rented $800 0.0% --
04/20/2020 04/20/20 For Rent $800 +14.3% --
10/30/2018 10/30/18 Rented $700 0.0% --
10/16/2018 10/16/18 For Rent $700 0.0% --
06/05/2015 06/05/15 Sold $237,000 -8.8% $152 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $260,000 -- $167 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4184164

Canopy MLS (Canopy Realtor® Association)

APN: 4617-04-50-3681