$291,000
$315,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,869 SqFt
SOLD DATE : 02/28/2023
Key Details
Sold Price $291,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,869 sqft
Price per Sqft $101
Subdivision Melchor Heights
MLS Listing ID 3934679
Sold Date 02/28/23
Style Ranch
Bedrooms 4
Full Baths 3
Abv Grd Liv Area 1,936
Year Built 1957
Lot Size 0.570 Acres
Acres 0.57
Lot Dimensions 125 X 195
Property Description
REASONS TO BUY A DUPLEX. 1. Your in Law just moved in and you want to save your marriage and your sanity!! Solution, the duplex has no adjoining door and separate utilities.
2. Your marriage is on the rocks but you don’t want to leave the kids. YES buy a duplex and move the X and the kids in Next Door!
3. Your BFF is pushing you to get married, she/he says cheaper for two to live together than separately. Buy a Duplex and move your BFF next door.
4. Buying a duplex is a darn good investment! Your tenant makes part of the mortgage payment and property
tax every month for you. WHAT! Possible tax advantages to offset duplex income.
1103 Cardinal, 1935 sq. ft. was partially remodeled 2022. Lg living room with hrwd, tile, laminate flrs, fireplace, pantry, separate laundry, 2 full Bths, 2 Br, possible 3rd child’s room or den, partial basement w/room for work shop. 1002 Smith St. 933 sq. ft. Hdwd flrs, 2 Br. 1Bth. Potential annual income $27,900. Gross return 8%+. Ck Math!
Location
State NC
County Stanly
Zoning R-10
Rooms
Basement Basement, Basement Shop
Main Level Bedrooms 2
Interior
Interior Features Pantry, Walk-In Closet(s)
Heating Heat Pump
Cooling Heat Pump
Flooring Vinyl, Wood
Fireplaces Type Living Room
Fireplace true
Appliance Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Exterior
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Parking Type Carport
Building
Lot Description Corner Lot, Paved
Foundation Crawl Space
Sewer Public Sewer
Water City
Architectural Style Ranch
Level or Stories One
Structure Type Brick Full
New Construction false
Schools
Elementary Schools East Albemarle
Middle Schools Albemarle
High Schools Albemarle
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Janet Wilson-Russell • EXP REALTY LLC
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