319 Connelly Springs RD SW, Lenoir, NC 28645
319 Connelly Springs RD SW, Lenoir, NC 28645
319 Connelly Springs RD SW, Lenoir, NC 28645
319 Connelly Springs RD SW, Lenoir, NC 28645
319 Connelly Springs RD SW, Lenoir, NC 28645
319 Connelly Springs RD SW, Lenoir, NC 28645
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$ 750,000
Est. payment | /mo

8 Beds

6 Baths

11,000 SqFt


Save
$ 750,000
Est. payment | /mo
Save

8 Beds

6 Baths

11,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Eightplex

Listing Status Active

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $68

MLS Listing ID 4423516

Style Other

Bedrooms 8

Full Baths 4

Half Baths 4

Abv Grd Liv Area 11,000

Year Built 1970

Lot Size 0.510 Acres

Acres 0.51

Lot Dimensions 146x145

Property Sub-Type Eightplex

Property Description

Fully rented, income-producing 8-plex in the Whitnel area of Lenoir. The property includes four commercial storefronts at road level and four residential units above, with two separate parking areas.

Each commercial space is approximately 1,500 square feet with concrete slab floors, central HVAC, and a half bath. The residential units each offer 2 bedrooms, 1 bathroom, and an open-concept kitchen/living area. Apartments feature baseboard heat, window AC units, and access to a shared covered porch/balcony. One unit is currently rented fully furnished on a short-term basis.

Current total rental income is $7,150 per month. Operating expenses include taxes, insurance, lawn maintenance, exterior lighting, water, and property management. Listing agent is also the property manager.

No interior showings until under contract. List of improvements and expenses available upon request.

Location

State NC

County Caldwell

Zoning Lenoir: B-2

Interior

Heating Baseboard, Central, Electric, Heat Pump, Other - See Remarks

Cooling Central Air, Electric, Heat Pump, Window Unit(s)

Flooring Vinyl, Other - See Remarks

Fireplace false

Appliance Electric Range, Refrigerator

Laundry In Kitchen

Exterior

Exterior Feature Lawn Maintenance

Roof Type Rubber

Street Surface Concrete,Paved

Porch Awning(s), Balcony, Covered, Porch

Garage false

Building

Lot Description Paved, Other - See Remarks

Dwelling Type Site Built

Foundation Slab

Sewer Public Sewer

Water City

Architectural Style Other

Structure Type Brick Partial,Vinyl

New Construction false

Schools

Elementary Schools Whitnel

Middle Schools William Lenoir

High Schools Hibriten

Others

Pets Allowed Conditional

Senior Community false

Horse Property None

Special Listing Condition None

Listed by Judith Sullivan • Raccoon Realty LLC • 828-729-1976

NEARBY SCHOOL & BUSINESS

Kamilah McCray

+1(704) 763-4118

kamilah.mccray@exprealty.com

3440 Toringdon Way Suite 205, Charlotte, NC 28277-3191

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319 Connelly Springs RD SW