This multi-unit property is more than just an investment opportunity, it’s a cherished staple in the community of Lenoir, NC. A Storefront situated at the heart of the property with an apartment above. While fire damage has left its mark, the potential to rebuild and revitalize this space is immense. 2 Cash-Flowing Units: Currently occupied by a long-term resident eager to remain, providing immediate rental income. Plus, A Move-In Ready Home: This charming unit is ready for occupancy, with inquiries pouring in from potential renters who already see its value. This property is brimming with possibilities for both new and experienced investors looking to make an impact. Whether you're envisioning a community-forward business, restored housing, or a blend of both, this opportunity is yours to shape. Schedule your showing today and take the first step in becoming part of this property’s ongoing story. Don’t wait – opportunities like this, rich with history and potential, are rare.
Public Remarks Affordable investment opportunity for investor or owner occupant. Each side is 2BR, 1Ba w/self-cleaning range, Frig w/ice maker, Micro-hood and Washer/dryer all-in-one units included. Good rental history. Low maintenance vinyl siding and trim. Units were updated in 2018 w/new architectural roof shingles, vinyl siding, new double hung replacement windows, new entry doors, water heaters, decks (w/handicap ramp) and appliances. Convenient to Lenoir, Hudson and Hickory. Each unit has 2 paved & assigned parking spaces. Unit 2 is vacant for easy showing. Unit 1 is currently leased and will be available to show after accepted contract. Owner provides water and trash pickup, tenant pay all other utilities. City of Lenoir supplies water and Duke Energy supplies the electric. Call LA for income/expense details. Low county taxes. Make your appointment today. Agent ownership interest in property.
Investor Opportunity! This is a two story duplex in need of a lot of TLC! Both levels have the potential for kitchens and several rooms. Sold AS IS. See photos for floorplan from appraiser. The lot to the right of duplex is also being sold with property, parcel id 2840643881, .37 acres. Due to condition of property seller is only accepting cash offers.
ATTENTION INVESTORS!!!! We have a large portfolio with 26 units!!! Presenting a unique investment opportunity featuring a diverse portfolio of residential properties totaling 57 bedrooms. This portfolio includes 4 singlewides, 2 doublewide homes a quadplex, and 16 single-family homes, primarily suited for pragmatic investors. Located across Caldwell County, these properties offer basic accommodations and present potential for value enhancement. Ideal for those looking to revitalize or maintain rental income, this collection provides a substantial footprint in the local housing market. Explore this portfolio for its income potential and strategic location amidst evolving rental opportunities! A lot of potential with this portfolio!
The median home value in Lenoir, NC is $245,250. This is higher than the county median home value of $204,800. The national median home value is $338,100. The average price of homes sold in Lenoir, NC is $245,250. Approximately 53.55% of Lenoir homes are owned, compared to 33.55% rented, while 12.91% are vacant. Lenoir 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 Lenoir real estate agent to arrange a tour today!
Lenoir, North Carolina has a population of 18,205. Lenoir is less family-centric than the surrounding county with 24% of the households containing married families with children. The county average for households married with children is 26.63%.
The median household income in Lenoir, North Carolina is $42,411. The median household income for the surrounding county is $48,549 compared to the national median of $69,021. The median age of people living in Lenoir is 42.6 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 27.1 degrees. The average rainfall is approximately 48.4 inches per year, with 3.7 inches of snow per year.