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Courtesy of Ronald Scott Properties Inc

$169,900





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Investor's Look! Fully rented fourplex (1 BR 1 bath), great rental history $1,800 per month. Owner states taxes, insurance and landlord utilities are $306 a month for a net income of $1,494. Annualized Net Income, $17,928. Landlord does self repairs and lawn care. Terrific Statesville downtown location with plenty of parking, updated improvements and long term tenants. Rents could be increased over time to market rate creating more rental revenue. Unit C could be converted to a 2 bedroom unit.

Information 437 W Front Street, Statesville, NC 28677

Listing Information
  • County:  Iredell
  • Bedrooms:  4
  • Baths Full:  4
  • Baths Half:  0
  • Year Built:  1906
  • Foundation:  Basement
  • Garage #/Type:  Carport - 3 Car,Parking Space - 3+
  • Property Type:  Multi-Family
  • Basement:  Finished
  • Stories:  0.0
  • Sewer:  City Sewer
Interior Features
  • Floors:  Wood
  • Heat System:  Gas Space Heater,Window Unit
  • Square Footage:  0
  • Heating:  Gas Space Heater,Window Unit
Additional Room Information(Room Size)
Exterior Features
  • Exterior Features:  Storage Shed/Outbuilding
School Information
  • Elementry:  Unknown
  • Middle:  Unknown
  • High:  Unknown
Lot Features
  • Approx Acres:  0.540
  • Approx Lot Dim:  90x261x89x263

Location for 437 W Front Street


Drive direction to 437 W Front Street, Statesville, NC 28677




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