Mooresville, NC 28115,604 Iredell AVE
Mooresville, NC 28115,604 Iredell AVE
Mooresville, NC 28115,604 Iredell AVE
21
$1,850,000
$2,075,000
10.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

25 BD
16 BA
12,895 SqFt

604 Iredell AVE Mooresville, NC 28115

Est. payment /mo
SOLD DATE : 06/16/2022

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Sub Type Eightplex

Listing Status Sold

Purchase Type For Sale

Square Footage 12,895 sqft

Price per Sqft $143

MLS Listing ID 3814070

Sold Date 06/16/22

Bedrooms 25

Full Baths 16

Year Built 1950

Lot Size 0.480 Acres

Acres 0.48

Property Description

This fully occupied 8 unit apartment complex, located in the thriving Charlotte submarket of Mooresville, has been fully renovated and is currently providing the owners a reliable, low-risk cash flow with the potential to increase the NOI as rents are adjusted to reflect the market. The apartment consists of seven units with 3 bedrooms and one unit with 4 bedrooms with tenants paying their own utilities. The property is suitable for an absentee owner/investor as it is under professional management.Detailed Income/Expense information is available upon request. New roof, HVAC units have been updated as needed and complete interior rehab.

Location

State NC

County Iredell

Zoning NMX

Interior

Heating Apollo System, Central

Cooling Ceiling Fan(s)

Flooring Carpet, Tile, Vinyl

Fireplace false

Appliance Dishwasher, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator

Exterior

Utilities Available Gas

Roof Type Rubber, Other - See Remarks

Parking Type Other - See Remarks

Building

Foundation Slab

Sewer Public Sewer

Water City

Structure Type Brick Partial

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Special Listing Condition None

Read Less


Listed by Rob Bilbro • EXP Realty LLC Ballantyne • robbilbro@gmail.com
Bought with Non Member • MLS Administration

GET MORE INFORMATION

Roshan Bhula

Broker | License ID: NC 321676, SC 128724

+1(704) 904-0480

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.