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Newton,NC 28658
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,145 sqft
Price per Sqft $261
MLS Listing ID 4250486
Bedrooms 8
Full Baths 4
Half Baths 4
Year Built 1973
Lot Size 0.370 Acres
Property Sub-Type Fourplex
Property Description
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.
Location
State NC
County Catawba
Zoning R-11
Interior
Heating Heat Pump
Cooling Heat Pump
Laundry Laundry Closet
Building
Dwelling Type Site Built
Foundation Permanent
Sewer Public Sewer
Water City
Structure Type Brick Partial,Vinyl
New Construction false
Schools
Elementary Schools South Newton
Middle Schools Newton Conover
High Schools Newton Conover
Others
Special Listing Condition Undisclosed,None