Estimated payment $1,254/month
Highlights
- 1 Acre Lot
- Corner Lot
- Cooling System Mounted To A Wall/Window
- Attic
- No HOA
- Patio
About This Home
Exceptional Investment Opportunity - Two Income-Producing Homes on 1 Acre!
Don't miss this rare opportunity to own two charming homes on approximately one acre, offering immediate rental income and long-term investment potential.
The primary home features 640 square feet with 1 bedroom, 1 bathroom, and a welcoming 30-square-foot front patio--a cozy outdoor space perfect for relaxing.
The second home is a 520-square-foot efficiency-style cottage with an open-concept layout and its own 25-square-foot front patio, making it an attractive option for tenants seeking comfortable, low-maintenance living.
Both homes were built in 2024 and are currently tenant-occupied and leased through March 2027, providing a steady income stream from day one. This makes the property an excellent opportunity for investors looking for an established rental property with reliable occupancy already in place.
Situated on approximately one acre, the property offers ample outdoor space and potential for future possibilities, subject to local zoning and regulations. Wallace NC is a small town on I-40 that is convenient to Raleigh, NC and Wilmington, NC.
Whether you're expanding your investment portfolio or seeking a unique property with built-in rental income, this versatile offering is one you won't want to miss. Schedule your private showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,303
Year Built
- Built in 2024
Lot Details
- 1 Acre Lot
- Lot Dimensions are 240x175
- Property fronts a state road
- Corner Lot
Home Design
- Duplex
- Slab Foundation
- Architectural Shingle Roof
Interior Spaces
- 2 Bedrooms
- 1-Story Property
- Dining Area
- Attic
Parking
- Unpaved Parking
- Off-Street Parking
Outdoor Features
- Patio
Schools
- Wallace Elementary And Middle School
- Wallace-Rose Hill High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
- Park Manager: No
Listing and Financial Details
- Assessor Parcel Number 093804 1 1
Home Values in the Area
Average Home Value in this Area
Source: Hive MLS
MLS Number: 100591586
- 216 Hc Powers Rd
- 6542 S Nc 41 Hwy
- 124 Hc Powers Rd
- 213 Country Club Dr
- 129 Dodge Ln
- 0 Country Club Dr
- 570 W Main St
- 235 Oak St
- 246 Oak St
- 307 W Westbrook St
- 165 Shaw Rd
- 109 W Westbrook St
- 105 W Westbrook St
- 616 S Orange St
- 620 S Orange St
- 00 Cumberland Clement
- 4040 Willard Rd
- 000 Willard Rd
- 108 Doris Ln
- 109 Doris Ln
- 613 S East Railroad St Unit Lyn-Mor unit A
- 117 E Main St
- 301 Red Fox Run Dr
- 140 River Woods Dr
- 1073 Pasture Branch Rd
- 10688 Point Caswell Rd
- 128 Peterson Hill Ave
- 405 S Dudley St
- 3324 Stag Park Rd
- 103 Arabian Cir
- 114 Hussey Mhp Ln
- 414 E Bostic St
- 134 Grace Park Ln
- 109 Hussey Mhp Ln
- 134 Hussey Mhp Ln
- 551 N Lee Ave
- 80 B j Ln
- 321 Dell Brock Rd
- 131 Cherry Grove Dr
- 707 Alpha Ct
Ask me questions while you tour the home.