16 Beds

9 Full baths

5,527 SqFt

Active

9-UNIT APARTMENT IN LENOIR. Close to shopping, dining, and HWY 321. Low maintenance brick exterior, single level garden style. Includes 1 six-plex, 1 duplex, and 1 single unit. 7 units have 2b/1b, 2 units are 1b/1b. Low vacancy due to high demand for rentals in Lenoir area. Currently one unit is vacant to allow for showings. Many improvements including new baseboard heaters, window AC units, paint, and flooring, updates to plumbing with new water heaters in several units, replaced sewer line to water tap. Tenants pay utilities. City water and sewer. Rents are below market, approx. $5650/mo gross income.

Property Details
Price $699,900
Bedrooms 16
Full Baths 9
Property Style Garden
Lot Size 313x100
Lot Size Area 0.55
Lot Size Area Units Acres
Property Type MultiFamily
MLS Sub type Multi-Family
Year Built 1957
Heating Window Unit(s)
Foundation Slab
Accessibility Other
Laundry Features None
Parking Description On Street
Parking Spaces 11
Geographic Data
Directions N on HWY 321, L on Greenhaven Dr NW, R on Arlington Cir, bear R at the fork, apartments are on the left after a sharp L turn. Please do not park in vacant lot across the street.
County Caldwell
Latitude 35.926757
Longitude -81.538502
Address Information
Address 435,437,439,441 Arlington Circle NW, Lenoir, NC 28645
Postal Code 28645
City Lenoir
State NC
Country United States
Listing Information
Listing Office Five Stone Real Estate, LLC
Listing Office Phone 828-759-9505
Listing Agent Judith Sullivan
Listing Agent Phone 828-729-1976
Special listing conditions None
Terms 1031 Exchange, Cash, Conventional
School Information
Elementary School Unspecified
Middle School William Lenoir
High School Hibriten
MLS Information
Days on market 62
MLS Status Active
Listing Date Nov 16, 2022
Listing Last Modified Jan 17, 2023
Tax ID 09 25 2 11
MLS # CAR3921556

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This information is believed to be accurate, but without any warranty.