32 Beds

16 Full baths

12,408 SqFt

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 $250+/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 $1,799,900
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 1
MLS Status Active
Listing Date Sep 30, 2024
Listing Last Modified Oct 1, 2024
Tax ID 746201-38-7297
MLS # CAR4187048

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