$799,900
Pending

515 China Grove Road

China Grove, NC 28023
6382 sqft | 12 beds | 6 baths | #4223909
Browse 18 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Investors, take note. 515 China Grove Rd offers a fantastic opportunity to own a refreshed multi-family property in a growing market. This property consists of three duplexes that have been recently updated with new siding, new roofs, and fresh exterior paint, enhancing curb appeal and long-term value. Placed in a quiet setting, this property should attract long-term renters. All units are 2 bedrooms and 1 bath. Each unit has its own laundry hookup. One unit has already been remodeled on the interior, showing the potential for future upgrades. With one vacancy and a couple of units currently rented below market, there is a clear value-add opportunity. Possibility for expansion with the additional acreage behind the units. China Grove is a quickly growing area, making appreciation a strong possibility. Whether you're looking to expand your existing portfolio or make your first investment in multi-family real estate, this property offers stability, upside potential, and long-term growth.

  • Property Details
      • Parking FeaturesDriveway, Parking Space(s)
      • CoolingCentral Air, Heat Pump
      • Cooling FeaturesCentral Air, Heat Pump
      • Sewer InformationSeptic Installed
      • Property TypeMulti-Family
      • FoundationCrawl Space
      • Utility SourceShared Well
      • Elementary SchoolUnspecified
      • Middle SchoolUnspecified
      • High SchoolUnspecified
      • PetsConditional
      • Parking TypeDriveway
      • Original List Price$799,900
      • MLS #4223909
      • Property SubtypeSixplex
      • MLS #4223909
      • Cost799900
      • Parcel Number134002
      • AppliancesOther
      • CountyRowan
      • Square Feet6382
      • Year Built1970
      • Bedrooms12
      • Days on Market (Cumulative)33
      • Bathrooms6
      • Full Baths6

Location

Chris Jones | Charles Jones Realty IncReal Estate Group
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