515 China Grove Road
China Grove, NC 28023
6382 sqft | 12 beds | 6 baths | #4223909
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
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-03-28 16:12:05. 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. Some IDX listings have been excluded from this website.
Last Updated: . Source: CANOPY
Listing Courtesy
Listing Agent: Josh Wilson (#CAR49033), Email: josh@guardianrealestategrp.com
Listing Office: Guardian Real Estate Group LLC (#CARR06074)

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