Investment Income
As stated by the seller. Cap rate is NOI ÷ asking price. Verify all figures before buying.
About This Property
Seller financing available. Contact the listing agent for terms. Three brick duplexes on over 2.25 acres next to the lake. All six units are 2 bedrooms and 1 full bath with over 850 sq ft of living space plus storage, and all have been renovated and updated, with newer roofs (10/2020) and plumbing work done. Per the listing agent, all units are currently rented except one, which is kept available for showings. There is room to add another duplex. Live in one unit and rent the others, or add it to an investment portfolio.
Location
611 Borders Rd, Shelby, NC 28150
Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in NC before signing any agreement.
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