Excellent opportunity to acquire a cash-flowing duplex in Lenoir with current gross rental income of $3,425 per month. This income-producing property offers immediate cash flow and has benefited from substantial ownership investment focused on long-term maintenance, property performance, and asset preservation. Over the course of ownership, numerous capital improvements and upgrades have been completed, including HVAC enhancements, moisture management systems, crawl space upgrades, drainage improvements, exterior maintenance, structural updates, and other property improvements designed to support the overall condition and operation of the asset. Documentation and records of completed improvements are available for buyer review. The property has been actively maintained and professionally managed, making it an attractive opportunity for investors seeking a stabilized rental property with established income in place. Generating approximately $41,100 in annual gross rental income, 808 Harrisburg presents an opportunity to expand an existing portfolio or acquire a well-maintained multifamily investment with immediate cash flow and documented ownership improvements.
| MLS # | 4395292 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 116 |
| Listing Provided By | FK and Associates Real Estate Firm | Tristan Karmatz |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,874 |
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.43 |
| Cooling | Central Air |
|---|---|
| Heating | Central, Forced Air |
| Appliances | Bar Fridge, Convection Microwave, Convection Oven, Electric Oven, Electric Range |
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Hard Stucco |
| Foundation Details | Crawl Space |
| Lot Features | Corner Lot |
| Garage Yes / No | No |
|---|---|
| Parking Features | Parking Lot, Parking Space(s) |
| List Aor | Canopy Realtor Association |
|---|
| Property | 212300 |
|---|
| State | NC |
|---|---|
| County | Caldwell |
| City | Lenoir |
| Zip Code | 28645 |
| Area | Caldwell |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28645) | |
Price: $385,000 low | high Med: $299,250 sqft: 3,874 low | high Med: 2,100 $ / sqft: $99 low | high Med: $144 On site: 116 low | high Med: 111.5 | |
| State | NC |
|---|---|
| County | Caldwell |
| City | Lenoir |
| Zip Code | 28645 |
| Area | Caldwell |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28645) | |
Price: $385,000 low | high Med: $299,250 sqft: 3,874 low | high Med: 2,100 $ / sqft: $99 low | high Med: $144 On site: 116 low | high Med: 111.5 | |