512 W 2nd Street, Cherryville, NC 28021
- $118,500
- 3
- BD
- 1,854
- SqFt
Listing courtesy of EXP Realty LLC Mooresville. stephenpiercelkn@gmail.com
Sold listing courtesy of Rockin Realty Inc
- Sold Price
- $118,500
- List Price
- $150,000
- MLS#
- 4370476
- Status
- CLOSED
- Days on Market
- 34
- Property Type
- Residential Income
- Year Built
- 1947
- Closing Date
- May 20, 2026
- Bedrooms
- 3
- Full Baths
- 2
- Lot Size
- 11,325
- Lot Size Area
- 0.26
- Living Area
- 1,854
- Sq Ft Total
- 1854
- County
- Gaston
- Special Conditions
- None
Property Description
Duplex offering a solid opportunity for investors seeking rental income with value-add potential. Each unit features a 2 bedroom, 1 bathroom layout with separate living spaces. One unit has been updated with two new mini-split HVAC systems, providing efficient heating and cooling. The second unit currently does not have heating and air, offering an opportunity for improvements and increased rental income. Property includes a metal roof installed within the last few years, contributing to lower long-term maintenance. Located in an established area of Cherryville with consistent rental demand. Comparable 2-bedroom units in the market typically lease in the $1,000/month range depending on condition and upgrades. Ideal for investors looking to renovate, stabilize, and maximize cash flow.
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Additional Information
- Equipment
- None
- Foundation
- Crawl Space
- Laundry Location
- In Kitchen, In Unit, Utility Room
- Heating
- Ductless, Other - See Remarks, None
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Wood
- Parking
- Driveway, On Street
- Driveway
- Gravel, Paved
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- Zoning
- R-1
- Total Property HLA
- 1854
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