Listing by: Kelley Lowder, Blue Sand Realty & Design LLC, 704-244-9662
32 Beds
16 Full baths
12,408SqFt
Active
This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal. An on-site laundromat was refreshed with new appliances. This adds a revenue stream for increased profitability. The current owner receives $325+/mo in laundry income. Located near major Rockingham attractions like Discovery Place Kids and the upcoming NASCAR Xfinity Series, the property is positioned for future growth. Tenant information and rent details will be provided for a seamless transition. This is a turnkey investment with immediate cash flow potential. Don't delay! Discover this rock solid ROI potential in Rockingham, NC today!
Property Details | ||
|---|---|---|
| Price | $1,749,900 | |
| Bedrooms | 32 | |
| Full Baths | 16 | |
| Lot Size Area | 4.77 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Portfolio | |
| Year Built | 1980 | |
| Heating | Central, Heat Pump | |
| Foundation | Crawl Space | |
| Laundry Features | Common Area, Other - See Remarks | |
| Parking Description | Driveway | |
| Garage spaces | 0 | |
Geographic Data | ||
| County | Richmond | |
| Latitude | 34.924185 | |
| Longitude | -79.788104 | |
Address Information | ||
| Address | 12 Village Terrace Drive, Rockingham, NC 28379 | |
| Postal Code | 28379 | |
| City | Rockingham | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Blue Sand Realty & Design LLC | |
| Listing Office Phone | 704-850-6822 | |
| Listing Agent | Kelley Lowder | |
| Listing Agent Phone | 704-244-9662 | |
| Attribution Contact | 704-244-9662 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | Subject to Lease | |
| Terms | Cash, Conventional, Exchange | |
School Information | ||
| Elementary School | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 225 | |
| MLS Status | Active | |
| Listing Date | Sep 30, 2024 | |
| Listing Last Modified | May 13, 2025 | |
| Tax ID | 746201-38-7297 | |
| MLS # | CAR4187048 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 2025-07-01T03:08:26.480763Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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