Description
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 $325+/mo in laundry income.
Located near major Rockingham attractions like Discovery Place Kids and the upcoming NAS 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!
Address
Open on Google Maps- Address 12 Village Terrace Drive
- City Rockingham
- State/county NC
- Zip/Postal Code 28379
Details
Updated on May 13, 2025 at 9:07 pm- Property ID: 4187048
- Price: $1,749,900
- Property Size: 12408 m²
- Bedrooms: 32
- Bathrooms: 16
- Garage Size: x x
- Year Built: 1980
- Property Type: Portfolio, Residential Income
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash,Conventional,Exchange
- Sewer: Public Sewer
- Cooling: Central Air,Heat Pump
- Heating: Central,Heat Pump
- County: Richmond
- Property Type: Residential Income
- Parking: Driveway
- Elementary School: Unspecified
- Middle School: Unspecified
- High School: Unspecified
Mortgage Calculator
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