$249,900
Pending

502 E First Street #1 & 2

Cherryville, NC 28021
2105 sqft | 4 beds | 2 baths | #4196315
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

This great investment opportunity awaits whether you are a savvy or novice investor or simply looking to begin your real estate investing journey. This is a great investment opportunity for a great duplex at a great price. Both units have 2 bedrooms and 1 bath. Both units are occupied with long term tenants. This duplex is located within walking distance of downtown Cherryville and is also conveniently located with 15 minutes of Lincolnton and Gastonia. The Cherryville school district is wonderful if you have kids. The building has a brand new roof put on in 2023. City water and sewer. Please do not disturb tenants.
Unit 1 - on left as seen from street was totally updated 6 years ago. All appliances convey except for washer and dryer
Unit 2 - 20 year tenant and has not been up dated.

  • Property Details
      • AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
      • CoolingCentral Air, Heat Pump, Window Unit(s), None
      • Cooling FeaturesCentral Air, Heat Pump, Window Unit(s), None
      • Parking FeaturesParking Space(s)
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • RoofComposition
      • Elementary SchoolCherryville
      • Middle SchoolJohn Chavis
      • High SchoolCherryville
      • Original List Price$249,900
      • MLS #4196315
      • MLS #4196315
      • CountyGaston
      • Cost249900
      • Property SubtypeDuplex
      • Parcel Number129373
      • Square Feet2105
      • Year Built1956
      • FoundationSlab
      • Utility SourceCity
      • ZoningRES
      • PetsYes
      • Days on Market (Cumulative)55
      • Bedrooms4
      • Bathrooms2
      • Full Baths2

Location

Carolina Flores | Granite Real Estate Investments, LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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