1302 5th Street
Statesville, NC 28677
$155,000 Active

Exceptional investment opportunity just minutes from downtown Statesville! This unique portfolio offers 16 total units across 12 separate parcels (Parcel ID(s): 4733876245; 4733885394; 4733886666; 4733992545; 4733994319; 4734800899; 4734807354; 4734807436; 4743093456; 4744140404; 4744049339), all situated on approximately 2.4 acres. Currently, eight (8) units are rented with a strong rental history and reliable tenants. The portfolio consists of two (2) triplexes and ten (10) single-family homes, providing a balanced mix of stable income and future potential. This combination of income-producing properties and redevelopment possibilities makes the portfolio well-suited for investors seeking both immediate cash flow and long-term upside. Conveniently located near Statesville amenities, these properties benefits from consistent demand and strong occupancy rates. With income in place from day one and additional value-add or development opportunities, this offering delivers stability, versatility, and long-term investment potential. Please note: Tenants are not to be disturbed. All showings must be scheduled by appointment only. Sold as a package and as-is.

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Basic Information
MLS#: 4362849
Price: $155,000
Square Footage: 1,136
Bedrooms: 3
Bathrooms: 1 Full
Acreage: 0.16
Year Built: 1925
Elementary School: Unspecified
Middle School: Unspecified
High School: Unspecified
Details
Waterfront/water view: No
Parking: Driveway
HVAC: Forced Air
Main level:   Primary Bedroom
Listing Courtesy Of: Underwood Properties 2 LLC - thomase.underwoodbroker@gmail.com

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