Address
604 Iredell Avenue Mooresville, NC
Price
$ 2,075,000
Property Attributes
- ID#3814070
- TypeContingent
- CountyIREDELL
- CityMooresville
- AreaIredell County
- Zip28115
- Style
- Price$ 2,075,000
- Bedrooms25
- Full Bathrooms16
- Half Bathrooms0
- Sqr Footage12895
- Lot Size0.48 Acres
Listing Provided Courtesy Of:
EXP REALTY LLC
Data Source:
Canopy MLS
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Unspecified Elementary School | Unspecified Middle School | Unspecified High School |
| Price History | |
|---|---|
| 12/23/2021 | Listed $2,075,000 |
General Features
| Appliances | Ceiling Fan(s), Dishwasher, Gas Range, Microwave, Natural Gas, Refrigerator |
|---|---|
| Car Hoasubjectto | None |
| City | Mooresville |
| Construction Materials | Brick Partial |
| Construction Type | Site Built |
| County | Iredell |
| Days on Market | 29 |
| Elementary School | Unspecified |
| HLA Area | 12895 |
| Heating | Apollo System, Central |
| High School | Unspecified |
| Middle/Junior High School | Unspecified |
| New Construction | No |
| Pets Allowed | Conditional |
| Property Features | Dishwasher, Porch/Patio, Range/Oven, Refrigerator, W/D Connection |
| Property SubType | Multi-Family |
| Property Type | Residential Income |
| Rent Includes | Exterior Maintenance, Sewer, Water |
| Sewer | Public Sewer |
| Standard Status | Active Under Contract |
| Street Name | Iredell |
| Structure Type | Eightplex+ |
| TaxAssessedValue | 293230 |
| Tenant Pays | Cable TV, Electricity, Gas |
| Total Units | 8 |
| Year Built | 1950 |
| Zoning Description | NMX |
Interior Features
| Fireplace Y/N | No |
|---|---|
| Flooring | Carpet, Tile, Vinyl |
| Full Baths | 16 |
| Laundry Features | Main Level, Laundry Room |
| Living Area | 12895 |
| Number Of Completed Units Total | 8 |
| Street Suffix | Avenue |
| Total Bedrooms | 25 |
| Water Heater | Gas |
Exterior Features
| Building Area Total | 12895 |
|---|---|
| Foundation Details | Slab |
| Lot Size Area | 0.48 |
| Lot Size Units | Acres |
| Main Level Garage YN | No |
| Parking Features | Other |
| Porch | Covered, Front |
| Road Responsibility | Public Maintained Road |
| Road Surface Type | Concrete |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 28115
Price
Visits
Year Built
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