$1,799,900
For Sale

12 Village Terrace Drive

Rockingham, NC 28379
12408 sqft | 32 beds | 16 baths | #4187048
Browse 8 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal.
An on-site laundromat was refreshed with new appliances. This adds a revenue stream for increased profitability. The current owner receives $250+/mo in laundry income.
Located near major Rockingham attractions like Discovery Place Kids and the upcoming NASCAR Xfinity Series, the property is positioned for future growth. Tenant information and rent details will be provided for a seamless transition. This is a turnkey investment with immediate cash flow potential. Don't delay! Discover this rock solid ROI potential in Rockingham, NC today!

  • Property Details
      • AppliancesElectric Oven, Refrigerator
      • CoolingCentral Air, Heat Pump
      • Cooling FeaturesCentral Air, Heat Pump
      • PetsYes, Conditional
      • Parcel Number746201-38-7297
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • FoundationCrawl Space
      • Elementary SchoolUnspecified
      • Middle SchoolUnspecified
      • High SchoolUnspecified
      • Original List Price$1,799,900
      • Property SubtypePortfolio
      • Parking FeaturesDriveway
      • Parking TypeDriveway
      • CountyRichmond
      • MLS #4187048
      • Cost1799900
      • MLS #4187048
      • Square Feet12408
      • Year Built1980
      • Utility SourceCity
      • Bedrooms32
      • Bathrooms16
      • Full Baths16
      • Days on Market (Cumulative)83

Location

Kristen Huneycutt | Lantern Real Estate and DevelopmentReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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