Address
604 Iredell Avenue Mooresville, NC
Price
$ 2,075,000
Property Attributes
  • ID#3814070
  • TypeMulti-Family
  • CountyIREDELL
  • CityMooresville
  • AreaIredell County
  • Zip28115
  • Style
  • Price$ 2,075,000
  • Bedrooms25
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage12895
  • Lot Size0.48 Acres
Listing Provided Courtesy Of:
EXP REALTY LLC
Data Source:
Canopy MLS
Property Description

This fully occupied 8 unit apartment complex, located in the thriving Charlotte submarket of Mooresville, has been fully renovated and is currently providing the owners a reliable, low-risk cash flow with the potential to increase the NOI as rents are adjusted to reflect the market. The apartment consists of seven units with 3 bedrooms and one unit with 4 bedrooms with tenants paying their own utilities. The property is suitable for an absentee owner/investor as it is under professional management.Detailed Income/Expense information is available upon request. New roof, HVAC units have been updated as needed and complete interior rehab.

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
12/23/2021 Listed $2,075,000

General Features

Appliances Ceiling Fan(s), Dishwasher, Gas Range, Microwave, Natural Gas, Refrigerator
Car Hoasubjectto None
City Mooresville
Construction Materials Brick Partial
Construction Type Site Built
County Iredell
Elementary School Unspecified
Flooring Carpet, Tile, Vinyl
HLA Area 12895
Heating Apollo System, Central
High School Unspecified
Middle/Junior High School Unspecified
New Construction No
Pets Allowed Conditional
Property Features Dishwasher, Porch/Patio, Range/Oven, Refrigerator, W/D Connection
Property SubType Multi-Family
Property Type Residential Income
Rent Includes Exterior Maintenance, Sewer, Water
Sewer Public Sewer
Standard Status Active
Street Name Iredell
Structure Type Eightplex+
TaxAssessedValue 293230
Tenant Pays Cable TV, Electricity, Gas
Total Units 8
Year Built 1950
Zoning Description NMX

Interior Features

Fireplace Y/N No
Full Baths 16
Laundry Features Main Level, Laundry Room
Living Area 12895
Number Of Completed Units Total 8
Street Suffix Avenue
Total Bedrooms 25
Water Heater Gas

Exterior Features

Building Area Total 12895
Foundation Details Slab
Lot Size Area 0.48
Main Level Garage YN No
Parking Features Other
Porch Covered, Front
Road Responsibility Public Maintained Road
Road Surface Type Concrete
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 28115

Price
AVG $2.08M
$2.08M
Visits
AVG 189
190
Year Built
AVG 1950
1950
Walkscore
AVG 55
55
Data Provided by Walkscore ® not using MLS data

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