12 Village Terrace Drive
Rockingham, NC 28379
- 32 beds
- – baths
- 12,408 sqft
- ~5 acre lot
- $145 per sqft
- 1980 build
- – on site
This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal. An on-site laundromat was refreshed with new appliances. This adds a revenue stream for increased profitability. The current owner receives $250+/mo in laundry income. Located near major Rockingham attractions like Discovery Place Kids and the upcoming NASCAR Xfinity Series, the property is positioned for future growth. Tenant information and rent details will be provided for a seamless transition. This is a turnkey investment with immediate cash flow potential. Don't delay! Discover this rock solid ROI potential in Rockingham, NC today!
Last checked:
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Last updated Oct 1, 2024
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MLS# 4187048 —
The Building
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Year Built:1980
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New Construction:false
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Construction Type:Site Built
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Subtype:Portfolio
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Construction Materials:Wood
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Basement:false
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Foundation Details:Crawl Space
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# of Units Total:16
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Building Area Total:12408
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Above Grade Finished Area:12408
Interior
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Living Area:12408
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Fireplace:false
Location
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Latitude:34.924185
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Longitude:-79.788104
The Property
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Type:Residential Income
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Lot Size Area:4.77
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Lot Size Units:Acres
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Zoning Specification:R-7
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Road Responsibility:Publicly Maintained Road
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Road Surface Type:Asphalt, Paved
Listing Agent
- Contact info:
- Agent phone:
- (704) 244-9662
- Office phone:
- (704) 850-6822
Taxes
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Parcel Number:746201-38-7297
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Tax Assessed Value:309562
Beds
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Bedrooms Total:32
Baths
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Full Baths:16
The Listing
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Special Listing Conditions:Subject to Lease
Heating & Cooling
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Heating:Central, Heat Pump
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Cooling:Central Air, Heat Pump
Utilities
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Sewer:Public Sewer
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Water Source:City
Appliances
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Appliances:Electric Oven, Refrigerator
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Laundry Features:Common Area, Other - See Remarks
Schools
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Elementary School:Unspecified
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Middle School:Unspecified
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High School:Unspecified
The Community
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Senior Community:false
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Pets Allowed:Yes, Conditional
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Restrictions:No Representation,Use
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Restrictions Description:City of Rockingham Zoning R-7
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HOA Subject To:None
Parking
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Parking Features:Driveway
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Garage:false
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Main Level Garage:No
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Carport:false
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/30/24
Sep 30, 2024
|
Listed / Active | CMLS | $1,799,900 |
