Description
Quadplex Opportunity in Newton, NC – Fully Rented!
Fantastic investment opportunity with this well-maintained quadplex in Newton, NC. Each unit offers 2 bedrooms and 1.5 bathrooms, providing an ideal layout for tenants. Several units feature new flooring, and some have been recently painted, giving parts of the property a fresh, updated feel.
The building features a durable brick exterior on the lower level and low-maintenance vinyl siding on the upper level. All four units are currently rented at $1,000 per month each, with strong rental history and professional management already in place through Must Have Real Estate.
Additional highlights include:
• Ample parking for tenants
• Great location convenient to local amenities
• Solid construction with upside potential
• Opportunity to raise rents for increased cash flow
Whether you’re a seasoned investor or just starting your portfolio, this fully occupied quadplex offers immediate income with room for future growth.
Address
Open on Google Maps- Address 230 park Lane
- City Newton
- State/county NC
- Zip/Postal Code 28658
Details
Updated on June 10, 2025 at 5:50 pm- Property ID: 4250486
- Price: $559,900
- Property Size: 2145 m²
- Bedrooms: 8
- Bathrooms: 4
- Garage Size: x x
- Year Built: 1973
- Property Type: Fourplex, Residential Income
- Property Status: Active, For Sale
Additional details
- Sewer: Public Sewer
- Cooling: Heat Pump
- Heating: Heat Pump
- County: Catawba
- Property Type: Residential Income
- Parking: Parking Space(s)
- Elementary School: South Newton
- Middle School: Newton Conover
- High School: Newton Conover
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
