NOT LISTED FOR SALE

423 N Main St Mount Holly, NC 28120

3 Beds
2 Baths
1,778 Sq Ft
0.25 Acres

Last Sold September 17, 2021

Last sale price $335,000 $188 Per Sq Ft

212 Days on Market

About This Home

As of September 2021

Attention Investors (Gross Rent $27,060) Income producing duplex in Mount Holly. Unit A-is an open design one bedroom with one bathroom ($910). Unit B-is a two bedroom with one bathroom $1,095. Please do not disturb the tenants. Added income with the storage units (3 units-smaller- Unit A pays additional $50, Larger unit-Unit B pays additional $100, other larger unit rents for $100) Tenants pay their own utilities including trash collection. Property has a solid rental history with almost zero vacancy rate, units tend to rent before they become vacant. Each unit has washer and dryer hookup connections. All design decisions were made to appeal to todays renters while keeping the charm of yesterday. Home values and rental rates continue to grow at a fast pace in the area (Gateway to Charlotte) To many properties are asking high prices for the promise of higher rents without consideration of the work and expense to actualize-this property is Turn Key

Last Agent to Sell the Property

William Frost

Keller Williams South Park License #317558 Listed on: 01/13/2021

Keller Williams South Park

Last Buyer's Agent

Aaron Dworsky

Keller Williams Lake Norman License #295390

Keller Williams Lake Norman

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.25

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Vinyl Siding

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 123186
  • Tax Block 108

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.95714
  • Ratio Close Price By Original Li: 0.95714
  • Ratio Current Price By Acre: 1340000.00
  • Ratio Current Price By Sq Ft: 188.41
  • Year Built: 1920
  • Property Features: Dishwasher, Porch/Patio, Range/Oven, Refrigerator, W/D Connection
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Microwave
  • Laundry Location: Main
  • Total Sq Ft: 1778

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.250
  • Parcel Number: 123186
  • Plat Book Slide: 005
  • Zoning Specification: RMF

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 162260.00
  • Tax Block: 108
  • Tax Location: Mt Holly

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

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
09/17/2021 09/17/21 Sold $335,000 -4.3% $188 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $350,000 0.0% $197 / Sq Ft
06/08/2021 06/08/21 Price Changed $350,000 +2.9% $197 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
01/26/2021 01/26/21 Price Changed $340,000 -2.9% $191 / Sq Ft
01/13/2021 01/13/21 For Sale $350,000 -- $197 / 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: CAR3697924

Canopy MLS (Canopy Realtor® Association)