$535,000
Southern Pines, NC 28387
MLS# 100447572
5 beds | 3 baths | 2215 sqft
1 / 32
Property Description
Discover this exceptional turnkey investment duplex, perfect for either rental income or owner-occupied living with additional revenue potential. Located within walking distance of downtown Southern Pines, this property features two distinct units: The downstairs unit offers 3 bedrooms and 2 bathrooms, currently leased as a long-term rental. The upstairs unit comprises 2 bedrooms and 1 bathroom, fully furnished and ideal for short-term or mid-term rentals. Enjoy the flexibility and convenience of this prime location while capitalizing on its rental income opportunities. Home inspection available upon request so you can purchase knowing the condition of the property for a hassle free transaction.
Details
Maps
Contract Info
Status: Active
Effective Date: 2024-05-31
Delayed Marketing?: No
Delayed Marketing Date (DM): 2024-05-31
Sub-Type: Duplex
Listing Price: 535000
Current Price: $535,000
List Price/SqFt: 241.53
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.25
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 465
Pre Direction: W
Street Name: New Hampshire
Street Suffix: Avenue
County: Moore
State/Province: NC
Zip Code: 28387
City Limits: Yes
Marketing City: Southern Pines
Subdivision: Southern Pines
Geo Lat: 35.17879
Geo Lon: -79.394036
Remarks and Showing
Directions to Property: From the intersection of W Pennsylvania and Saylor street head west. Turn right on West New Hampshire ave
Sign on Property: Yes
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.13
Lot SqFt: 5658
Lot Dimensions: 46x100x65x146
Waterfront: No
Waterview: No
Location Type: Mainland
# Bedrooms: 5
# Baths - Total: 3
SqFt - Heated (Primary): 2215
# Total Units: 2
Stories: 2
Owner Occupied: No
Property Mgmt Company: No
Financials Available: Yes
Legal and Taxes
Tax Assessed Value: 359520
Total City Real Estate Property Tax: 2363.85
Deed Book: 5977
Deed Page: 338
Legal: BLK J 7 LOT 21
Broker Owner: Yes
PID: 00035202
Tax Identifier: 00035202
Plat Book: 5977
Plat Page: 329
Special Assessments: no
Tax Year: 2023
Year Built: 1900
Zoning: RM-2
HOA: No
Cobra Zone: No
Elementary School: Southern Pines
Middle School: Crain's Creek Middle
High School: Pinecrest
School District: Moore County Schools
Electric
# Meters: 2
Side/Unit 1
Total Rooms: 5
# of Bedrooms: 3
Full Baths: 2
Avg SqFt: 1394
Furnished: No
Rent: 1450
Occupied: Yes
Side/Unit 2
Total Rooms: 4
# of Bedrooms: 2
Full Baths: 1
Avg SqFt: 821
Furnished: Yes
Rent: 2100
Occupied: Yes
Rental Income
Gross Rental Income: 3650
Property Features
Construction: Concrete; Wood Frame
Exterior Finish: Vinyl Siding
Fencing: None
Foundation: Block; Crawl Space
Fuel Tank: None
Parking Features: Off Street
Patio and Porch Features: Balcony; Deck
Roof: Metal
Stories/Levels: Two
Lot Description: Level
Road Type/Frontage: Public (City/Cty/St)
Cooling: Central; Heat Pump
Heating: Heat Pump
Heating System Fuel Source: Electric; Natural Gas
Water Heater: Electric
Utilities: Municipal Sewer; Municipal Water; Natural Gas Connected
Water Source: Water Connected
Sewer: Connected
Fireplace: None
Flooring: Tile; LVT/LVP
Furnished: Partially
Interior Features: 1st Floor Master; Apt/Suite; Walk-in Shower; Wash/Dry Connect
Laundry Location: Closet; Kitchen
Side/Unit 1 Cooling: Central
Side/Unit 1 Heating: Natural Gas
Side/Unit 1 Appliance: Cooktop - Electric; Dishwasher; Stove/Oven - Electric
Side/Unit 1 Features: Dining Room; Kitchen; Living Room; Patio/Balcony/Deck; W/D Hookup
Side/Unit 1 Rent Frequency: Annual
Side/Unit 1 Owner Pays: Lawn Maintenance; Water/Sewer
Side/Unit 2 Cooling: Central
Side/Unit 2 Heating: Heat Pump
Side/Unit 2 Appliance: Cooktop - Electric; Dryer; Refrigerator; Stove/Oven - Electric; Vent Hood; Washer
Side/Unit 2 Features: Dining Room; Fireplace; Kitchen; Living Room; Patio/Balcony/Deck; Utility Room; W/D Hookup
Side/Unit 2 Rent Frequency: Daily
Side/Unit 2 Owner Pays: Cable; Cooling; Electric; Gas; Heating; Lawn Maintenance; Water/Sewer; Insurance
Terms: Cash; Conventional; Seller Financing; VA Loan
Listing Office: Keller Williams Pinehurst
Last Updated: May - 31 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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