This great investment opportunity awaits whether you are a savvy or novice investor or simply looking to begin your real estate investing journey. This is a great investment opportunity for a great duplex at a great price. Both units have 2 bedrooms and 1 bath. Both units are occupied with long term tenants. This duplex is located within walking distance of downtown Cherryville and is also conveniently located with 15 minutes of Lincolnton and Gastonia. The Cherryville school district is wonderful if you have kids. The building has a brand new roof put on in 2023. City water and sewer. Please do not disturb tenants. Unit 1 - on left as seen from street was totally updated 6 years ago. All appliances convey except for washer and dryer Unit 2 - 20 year tenant and has not been up dated.
The median home value in Cherryville, NC is $245,000. This is lower than the county median home value of $286,200. The national median home value is $338,100. The average price of homes sold in Cherryville, NC is $245,000. Approximately 58.85% of Cherryville homes are owned, compared to 32.1% rented, while 9.05% are vacant. Cherryville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cherryville real estate agent to arrange a tour today!
Cherryville, North Carolina has a population of 6,044. Cherryville is more family-centric than the surrounding county with 39.56% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Cherryville, North Carolina is $51,938. The median household income for the surrounding county is $56,819 compared to the national median of $69,021. The median age of people living in Cherryville is 38.2 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 28.2 degrees. The average rainfall is approximately 47.5 inches per year, with 4.7 inches of snow per year.