515 China Grove Road, China Grove, NC 28023

  • $799,900
515 China Grove Road, China Grove, NC 28023, China Grove, NC
Pending For Sale
515 China Grove Road, China Grove, NC 28023
515 China Grove Road, China Grove, NC 28023, China Grove, NC
  • $799,900

Description

Investors, take note. 515 China Grove Rd offers a fantastic opportunity to own a refreshed multi-family property in a growing market. This property consists of three duplexes that have been recently updated with new siding, new roofs, and fresh exterior paint, enhancing curb appeal and long-term value. Placed in a quiet setting, this property should attract long-term renters. All units are 2 bedrooms and 1 bath. Each unit has its own laundry hookup. One unit has already been remodeled on the interior, showing the potential for future upgrades. With one vacancy and a couple of units currently rented below market, there is a clear value-add opportunity. Possibility for expansion with the additional acreage behind the units. China Grove is a quickly growing area, making appreciation a strong possibility. Whether you’re looking to expand your existing portfolio or make your first investment in multi-family real estate, this property offers stability, upside potential, and long-term growth.

  • Address 515 China Grove Road
  • City China Grove
  • State/county NC
  • Zip/Postal Code 28023
  • Area NONE

Details

Updated on March 28, 2025 at 4:12 pm
  • Property ID: 4223909
  • Price: $799,900
  • Property Size: 6382 m²
  • Bedrooms: 12
  • Bathrooms: 6
  • Garage Size: x x
  • Year Built: 1970
  • Property Type: Sixplex, Residential Income
  • Property Status: Pending, For Sale

Additional details

  • Listing Terms: Cash,Conventional
  • Sewer: Septic Installed
  • Cooling: Central Air,Heat Pump
  • Heating: Heat Pump
  • County: Rowan
  • Property Type: Residential Income
  • Parking: Driveway,Parking Space(s)
  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Features

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