$550,000
SOLD JUN 19, 2024

127 N 1st St Spring Lake, NC 28390

Pine Forest Neighborhood
-- Bed
-- Bath
-- Sq Ft
1959 Built

Recently Sold

31% Below List Price

51 Days on Market

Highlights

  • Eat-In Kitchen
  • Baseboard Heating
  • 1-Story Property
  • Cooling Available
  • Carpet

About This Home

As of June 2024

Excellent investment opportunity. 8-unit multi-family property located in Spring Lake, NC. Less than 10 minutes to military base and centrally located to shopping, dining, and all city amenities. This property is 2 brick Quadplexes that face each other and is 100% occupied. Each unit offers 2 bedrooms and 1 bathroom. Plenty of parking. Tenants pay their own utilities. Monthly rental income is right at $5k. Owner pays for lawn care, repairs and property mgmt fees. PLEASE DO NOT DISTURB TENANTS - VACANT PICS OF LATEST UNIT THAT WAS ON THE MARKET. INSPECTIONS CAN BE SCHEDULED ONCE UNDER CONTRACT AND DD MONEY HAS BEEN RECEIVED.

Seller will entertain all offers.

Last Agent to Sell the Property

Amy Reynolds

ACE REAL ESTATE License #254811

Last Buyer's Agent

Dan DiFilippo

BROOKDALE PROPERTY MANAGEMENT License #308021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Interior Spaces

  • 1-Story Property
  • Blinds
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Lillian Black Elementary School
  • Spring Lake Middle School
  • Pine Forest Senior High School

Utilities

  • Cooling Available
  • Window Unit Heating System
  • Baseboard Heating
  • The lake is a source of water for the property

Community Details

  • 8 Units
  • Spring Lake Subdivision

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, insurance, management, repairs, roof maintenance
  • Assessor Parcel Number 0501-76-1356.000/ 0501-76-1441

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Multi Family
  • Ownership: More than a year
  • Subdivision Name: SPRING LAKE
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1959
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Management, Repairs, Roof Maintenance
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Eat-in Kitchen, Primary Downstairs, Window Treatments
  • Window Features: Blinds

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Courtyard

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Lake

Schools

  • Elementary School: Lillian Black Elementary
  • High School: Pine Forest Senior High
  • Middle Or Junior School: Spring Lake Middle School

Lot Info

  • Parcel #: 0501-76-1356.000/ 0501-76-1441
  • Zoning Description: CB - Central Business
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 8
  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2024 06/19/24 Sold $550,000 -8.3% --
05/03/2024 05/03/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $599,900 -13.7% --
03/21/2024 03/21/24 Price Changed $695,000 -13.1% --
03/12/2024 03/12/24 For Sale $800,000 0.0% --
07/15/2022 07/15/22 Rented $750 0.0% --
07/15/2022 07/15/22 For Rent $750 0.0% --
07/19/2018 07/19/18 Sold $220,000 0.0% --
07/19/2018 07/19/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $220,000 -- --
Source: Longleaf Pine REALTORS®

Source: Longleaf Pine REALTORS®

MLS Number: 721165

Longleaf Pine REALTORS®

North Carolina Cumberland County Spring Lake 28390 Pine Forest

127 N 1st St, Spring Lake, NC

Homes for Sale in Spring Lake, NC

This home is located at 127 N 1st St, Spring Lake, NC 28390 and is currently priced at $550,000. This property was built in 1959. 127 N 1st St is a home located in Cumberland County with nearby schools including Lillian Black Elementary School, Spring Lake Middle, and Pine Forest High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Longleaf Pine REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.