NOT LISTED FOR SALE

225 E Sharpe St Statesville, NC 28677

4 Beds
4 Baths
1,876 Sq Ft
1 Acres

Last Sold May 30, 2024

Last sale price $410,000 $219 Per Sq Ft

70 Days on Market

About This Home

As of May 2024

This charming garden-style apartment building boasts an unbeatable location within a short distance to vibrant downtown Statesville and just minutes to I-40 and I-77 for easy commutes.
This is a fantastic investment opportunity with stable income potential from the 4 well-maintained units with tenants in place gross a total of $3,900/mo!

Each of the 1-bedroom, 1-bathroom units features:

-Convenient in-unit washer/dryer hookups
-Brand new LVP flooring throughout
-New cabinets and countertops
-Energy-efficient appliances to keep utility costs low
-Updated fixtures and lighting
-Modern bathroom vanities and tub surrounds
-New windows for ample natural light and improved energy efficiency
-New roof and gutter system for peace of mind
-New energy efficient Mini-split HVAC systems

Don't miss this chance to own a piece of prime Statesville real estate!

Respecting our tenants' privacy, all showings will be conducted after a signed contract.

Last Agent to Sell the Property

Derek Eisenberg

Continental Real Estate Group Inc Brokerage Email: propertyinquiry@continentalrealestate.com License #313263 Listed on: 02/16/2024

Last Buyer's Agent

Joshua Blackwelder

Resilient Realty LLC License #234180

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 1

Parking

  • Shared Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Hardboard
  • Stucco

Interior Spaces

  • 1,876 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Schools

  • Third Creek Elementary School
  • Statesville Middle School
  • Statesville High School

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection, water
  • The owner pays for exterior maintenance, management
  • Assessor Parcel Number 4744-15-4138.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Road Surface Type: Dirt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: propertyinquiry@continentalrealestate.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Light Fixtures, Refrigerator, Self Cleaning Oven
  • Owner Pays: Exterior Maintenance, Management
  • Above Grade Finished Sq Ft: 1876
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 1876

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Hard Stucco, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s), Shared Driveway

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Cooling: Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Statesville
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4744-15-4138.000
  • Zoning: R5MF
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5MF

Rental Info

  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Third Creek
  • High School: Statesville

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $410,000 -3.5% $219 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $425,000 0.0% $227 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $425,000 -- $227 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4110181

Canopy MLS (Canopy Realtor® Association)

APN: 4744-15-4138.000