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512 W 2nd St, Cherryville, NC, 28021

3beds
1baths
1,854sqft
$150,000
$81price/sqft
$1,158/moest. monthly cost
$46,320/yrincome needed

About This Home

Duplex offering a solid opportunity for investors seeking rental income with value-add potential. Each unit features a 2 bedroom, 1 bathroom layout with separate living spaces. One unit has been updated with two new mini-split HVAC systems, providing efficient heating and cooling. The second unit currently does not have heating and air, offering an opportunity for improvements and increased rental income. Property includes a metal roof installed within the last few years, contributing to lower long-term maintenance. Located in an established area of Cherryville with consistent rental demand. Comparable 2-bedroom units in the market typically lease in the $1,000/month range depending on condition and upgrades. Ideal for investors looking to renovate, stabilize, and maximize cash flow.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

8/10
8/10

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Crawl Space
  • Construction materials: Wood

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: None
  • Laundry features: In Kitchen,In Unit,Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,854

Heating & Cooling

  • Heating features: Ductless,Other,None
  • Cooling features: Ductless,Other,None

Interior Area

  • Total structure area: 1,854
  • Total interior livable area: 1,854 sqft

Property

Details

  • Parcel number: 130253
  • Zoning: R-1
  • Special condition: Standard

Lot

  • Lot size: 0.26 Acres

Parking

  • Parking features: Driveway,On Street
  • Has uncovered spaces: Yes