Quadplex Opportunity in Newton, NC - Fully Rented! Fantastic investment opportunity with this well-maintained quadplex in Newton, NC. Each unit offers 2 bedrooms and 1.5 bathrooms, providing an ideal layout for tenants. Several units feature new flooring, and some have been recently painted, giving parts of the property a fresh, updated feel. The building features a durable brick exterior on the lower level and low-maintenance vinyl siding on the upper level. All four units are currently rented at $1,000 per month each, with strong rental history and professional management already in place through Must Have Real Estate. Additional highlights include: Ample parking for tenants Great location convenient to local amenities Solid construction with upside potential Opportunity to raise rents for increased cash flow Whether you’re a seasoned investor or just starting your portfolio, this fully occupied quadplex offers immediate income with room for future growth.
MLS # | 4250486 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1973 |
Days On Site | 77 |
Listing Provided By | EXP Realty LLC Mooresville | Tyler Wilcox |
Bed(s) | 8 |
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Bath(s) | 8 Total |
SQ Feet | 2,145 |
Units | 4 |
Acreage | 0.37 |
Cooling | Heat Pump |
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Heating | Heat Pump |
Appliances | Dishwasher, Oven, Refrigerator |
Construction Materials | Brick Partial, Vinyl |
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Foundation Details | Permanent |
Garage Yes / No | No |
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Parking Features | Parking Space(s) |
List Aor | Gaston Association of Realtors |
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Property | 372500 |
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State | NC |
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County | Catawba |
City | Newton |
Zip Code | 28658 |
Area | Catawba |
School District | Newton Conover |
Elementary School | South Newton |
Middle School | Newton Conover |
High School | Newton Conover |