BEDS0
BATHS
MLS#1224764
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Prime Investment Opportunity in Laurinburg, NC! Fully occupied quadraplex generating a solid $3,000 monthly gross income. This property features four 2-bedroom, 1-bathroom units, offering consistent cash flow with long-term, reliable tenants. Recent capital improvements - a new roof installed in 12/2025 & the addition of high-efficiency mini-split HVAC systems & new water heaters in 2021. One unit boasts updated flooring. The property is currently performing well, it offers an excellent opportunity for a value-add investor to perform light cosmetic interior maintenance to further increase equity. Low annual property taxes of only $971. Don't miss this turnkey income-producing asset! This property is a fantastic "set it and forget it" investment with established, long-term tenants. The major capital expenditures (Roof, HVAC, Water Heaters) have already been addressed, allowing the new owner to focus on light interior maintenance to optimize value and maximize long-term returns.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall Unit(s)
Fuel Type: Electric
Heating: Forced Air, Electric
Lot Size: 0.43 Acres
Year Built: 1939
Feature Descriptions
Appliance: Electric Water Heater
Days on Site: 29
Exterior: Balcony
Exterior: Vinyl Siding
Flooring: Carpet
Lot Dimensions: 0.43 acre(s)
Sewer: Public Sewer
Water: Public
Water Heater: Electric
Listed By / Shown By
Listed By
Agency Name: Elevation Realty
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimate Your Payment
Estimated Payment
$ 1,403.52 per month $1,330.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.92 Homeowner's Insurance
619 Mckay Street | MLS# 1224764
This multi-family property located at 619 Mckay Street , Laurinburg, NC 28352 is currently listed for sale with an asking price of $250,000. Search Laurinburg real estate on www.lakenormanrealty.com today.