1. North Carolina
  2. Mount Pleasant
  3. 1554 Barringer Street
$795,000

1554 Barringer Street, Mount Pleasant, NC 28124

  • 2 beds |
  • 1 bath |
  • 3,400 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $234/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

This stabilized 5-unit multifamily portfolio includes one single-family residence (1554 Barringer) plus a fourplex (1558, 1562, 1566, 1568 Barringer). Each unit is separately metered for water and electricity, with tenants responsible for their own utilities. Property Highlights: 1554 Barringer (SFR): Completely converted to a 3BR/2BA home with full plumbing rehabilitation, an added bathroom with high ceiling, and a vacuum barrier. Certificate of Completion on file. Fourplex Improvements: Roof replaced; brand-new gutter system; newly extended concrete driveway; new centralized mailbox bank. Interior Upgrades (1566 & 1568): Units fully redone with LVP flooring, new appliances (stove and washer) and new window units in 1568, freshly painted interiors and cabinets, updated switches/fixtures, and added washer/dryer connections. Additional Updates: New lighting fixtures throughout rehabbed units Lawn maintenance: $20 per month (the SFR tenant has to do lawn as part of their lease agreement) With updated systems, durable LVP flooring, in-unit laundry connections, and tenants covering all utilities, this package offers strong cash flow with minimal landlord responsibility. Professional management is currently in place at 8%. Located in the growing Mount Pleasant submarket of Cabarrus County, this property benefits from convenient access to Concord, Kannapolis, and the Charlotte metro, supporting ongoing rental demand.

Listing Status:
Active
Listing Office:
Keller Williams Ballantyne Area : 704-887-6600
MLS ID:
4313511
  • Appliances: DishwasherOvenRefrigeratorWasher
  • Laundry: Electric Dryer HookupLaundry RoomWasher Hookup
  • Flooring: Vinyl
  • A/C: Central AirWindow Unit(s)
  • Heating: Heat Pump
  • Parking: Driveway
  • General: Site BuiltSlab
  • Road/Access: ConcreteGravel
  • Originating MLS: carolina
  • County: Cabarrus
  • Zoning: RH5670-32-3256-0000
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of Keller Williams Ballantyne Area

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mount Pleasant Elementary School

8555 North Dr, Mount Pleasant, NC, 28124

Grades KG-5

1.45 miles away

M

Mount Pleasant Middle School

466 Walker Rd, Mount Pleasant, NC, 28124

Grades 6-8

2.96 miles away

M

Mount Pleasant High School

700 Walker Rd, Mount Pleasant, NC, 28124

Grades 9-12

2.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.