1554 Barringer St Mount Pleasant, NC 28124
Estimated payment $4,483/month
Highlights
- No HOA
- Central Air
- Vinyl Flooring
- Laundry Room
About This Home
This stabilized 5-unit multifamily portfolio includes one single-family residence (1554 Barringer) plus a fourplex (1558, 1562, 1566, 1568 Barringer). Each unit is separately metered for water and electricity, with tenants responsible for their own utilities. Property Highlights: 1554 Barringer (SFR): Completely converted to a 3BR/2BA home with full plumbing rehabilitation, an added bathroom with high ceiling, and a vacuum barrier. Certificate of Completion on file. Fourplex Improvements: Roof replaced; brand-new gutter system; newly extended concrete driveway; new centralized mailbox bank. Interior Upgrades (1566 & 1568): Units fully redone with LVP flooring, new appliances (stove and washer) and new window units in 1568, freshly painted interiors and cabinets, updated switches/fixtures, and added washer/dryer connections. Additional Updates: New lighting fixtures throughout rehabbed units Lawn maintenance: $20 per month (the SFR tenant has to do lawn as part of their lease agreement) With updated systems, durable LVP flooring, in-unit laundry connections, and tenants covering all utilities, this package offers strong cash flow with minimal landlord responsibility. Professional management is currently in place at 8%. Located in the growing Mount Pleasant submarket of Cabarrus County, this property benefits from convenient access to Concord, Kannapolis, and the Charlotte metro, supporting ongoing rental demand.
Listing Agent
The Virtual Realty Group Brokerage Email: erikamcnew@gmail.com License #285391 Listed on: 01/06/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 0.41 Acre Lot
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 4,500 Sq Ft Home
- Vinyl Flooring
Kitchen
- Oven
- Dishwasher
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Full Bathrooms
Laundry
- Laundry Room
- Washer
Utilities
- Central Air
- Window Unit Cooling System
- Heat Pump System
Community Details
- No Home Owners Association
Listing and Financial Details
- The owner pays for management
- Assessor Parcel Number 5670-32-3256-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,654 | $481,810 | $75,000 | $406,810 |
| 2024 | $4,395 | $455,010 | $75,000 | $380,010 |
| 2023 | $3,195 | $256,620 | $25,000 | $231,620 |
| 2022 | $3,195 | $256,620 | $25,000 | $231,620 |
| 2021 | $3,195 | $256,620 | $25,000 | $231,620 |
| 2020 | $3,195 | $256,620 | $25,000 | $231,620 |
| 2019 | $2,781 | $223,350 | $22,000 | $201,350 |
| 2018 | $2,736 | $223,350 | $22,000 | $201,350 |
| 2017 | $2,691 | $223,350 | $22,000 | $201,350 |
| 2016 | $2,691 | $225,540 | $22,000 | $203,540 |
| 2015 | $2,718 | $225,540 | $22,000 | $203,540 |
| 2014 | $2,718 | $225,540 | $22,000 | $203,540 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/06/2026 01/06/26 | For Sale | $795,000 | +41.9% | $177 / Sq Ft | |
| 08/06/2024 08/06/24 | Sold | $560,200 | -5.8% | $117 / Sq Ft | View Prior Sale |
| 05/28/2024 05/28/24 | For Sale | $595,000 | -- | $124 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $21,500 | -- | |
| Warranty Deed | $47,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $480,000 | Construction | |
| Closed | $120,000 | Seller Take Back |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4333741
APN: 5670-32-3256-0000
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Ask me questions while you tour the home.