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7868/7864 Kinglet Road, Connelly Springs, NC 28612

$120,000
  • 7868/7864 Kinglet Road, Connelly Springs, NC 28612 Main Photo

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Active
BEDS2 BATHS1 full SQUARE FEET800 MLS#4288590
STATUSActive PROPERTY TYPEResidential - Townhouse

Property Description

BRING ALL OFFERSTwo townhouse units?7864 & 7868 Kinglet Drive?offered together for $120,000 and priced for a quick sale. This is a unique chance to purchase two income-producing properties in one transaction with multiple use options.Material Facts / Property Condition: Unit 7864 experienced a fire that occurred when a tenant left the residence. The fire was contained to a very small area and primarily damaged the carpet in one bedroom. There is smoke damage; however, it is limited. The owner does have insurance, and the list price has been reduced $20,000 due to the fire. Unit 7864 also has a building permit pulled for an addition; the project (enclosing the porch) was started but not finalized. Both units are in fair condition. The HVAC system in 7868 was recently serviced.Whether you're looking to maximize rental income, explore short-term rental potential (buyer to verify), or live in one unit while renting the other, this setup offers strong flexibility.7864 Kinglet Drive offers over 800 sq ft with 2 bedrooms, 1 bath, crawl space foundation, and includes an electric range, refrigerator, and laundry hookups.7868 Kinglet Drive features approximately 800 sq ft with 2 bedrooms, 1 bath, open living area, kitchen, deck, in-bath laundry, and includes a dishwasher, electric range, refrigerator, and electric water heater.Both units are being sold as is, where is, presenting a value-add opportunity for investors looking to build equity and cash flow. Don't miss this chance to secure two units at a compelling price point.

7868/7864 Kinglet Road | MLS# 4288590

This townhouse located at 7868/7864 Kinglet Road, Connelly Springs, NC 28612 is currently listed for sale with an asking price of $120,000. This property was built in 1985 and has 2 bedrooms and 1 full baths with 800 sq. ft. Search Connelly Springs real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Residential - Townhouse
Basement: Apartment
Heating: Space Heater
Lot Size: 0.06 Acres
Year Built: 1985

Feature Descriptions

Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Community Features: Gated, Walking Trails
Days on Site: 264
Exterior: Wood
Flooring: Other - See Remarks
Foundation: Crawl Space
HOA Fee: $1000/ Annually
Laundry: In Bathroom
Lot Dimensions: 100' x 24.66'
Other Structures: None
Parcel#: 41484/41482
Parking: Parking Lot, Shared Driveway
Patio/Porch: Deck
Pets Allowed: Yes
Sewer: Private Sewer
Utilities: Cable Available, Electricity Connected
Water: Community Well

Local Schools

High School: East Burke
Middle School: East Burke
Elementary School: George Hildebrand

Listed By / Shown By

Listed By

Agency Name: Horizon Realty Associates LLC
Agency Contact: edhallyburton@gmail.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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Estimated Payment

$ 673.69 per month $638.69 Principal & Interest $0.00 Property Tax (data not provided by mls) $35.00 Homeowner's Insurance

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