PRICE ADJUSTMENT!! DO NOT DISTURB TENANTS / TO BE SOLD AS-IS. Seller will make no repairs. Showing to be scheduled after an offer is accepted. Two houses on a corner lot, one located at 413 S Edwards Street, monthly lease in place, rental rate is $825. The other unit address' is 911 Lincoln Street, monthly lease in place, rental rate is $825.
Fully occupied, Apartment A, 2 levels 2 bedrooms, 1.5 bathrooms $850.00 / month. This is approximately 1453 S.F. Apartment B, 2 levels, 2 bedrooms, 1.5 bathrooms $1000.00 per month. This is approximately 1347 S.F. Apartment C, 1 level, 1 bedroom, 1 bathroom $800.00 per month. This is approximately 580 S.F Shared laundry room, owner pays for the water, parking lot light is also owner paid, combined amount is around $35.00 per month. Apartment pays for the water for laundry room, they get a $25.00 credit per month. The roof was replaced 2 years ago, also the crawl space was encapsulated to keep it all dry. This building is in great shape, income producing and stable. This is a great place, tenants are really happy to be there and pay on time monthly. Lincolnton is a growing area, great places to shop, dine out and just enjoy. Please let me know if you have any questions or want to set up any appointments to view the apartments.
ATTENTION INVESTORS! Mobile home park located just minutes from downtown Lincolnton zoned for a 10 space mobile home park. 5 park-owned mobile homes and 1 ground lease. The park currently grosses $43,200 annually with potential to increase. Current Cap Rate of 8.2%. 2 spaces on the right have been used for a septic system, leaving 8 spaces currently usable. County water & sewer is only 600 ft down the road. The 2 lost spaces could potentially be gained back if connected to county utilities. One well feeds the whole property with each mobile home having their own cutoff valve. Four mobile homes have ac and furnace units while the other mobile home has ac and heat pump. Only one septic system is shared between two mobile homes, the rest have their own septic system. Units range from 1984-1999.
Great investment opportunity conveniently located in Lincolnton! You don't want to miss this charming fully occupied 2 unit duplex - one bedroom, one bathroom each side. 2217 has been completely renovated in 2023 and is all electric, brand new plumbing, electrical, and HVAC. 2219 is original, window AC Unit and gas heating. Roof was replaced in 2022. Units are on city water and septic sewer. Owner has been responsible for maintaining lawn. County does not have septic permit on file due to age. Feel free to drive-by, but PLEASE DO NOT DISTURB TENANTS OR ATTEMPT TO GET OUT AND LOOK AT PROPERTY. Showings will be by appointment only and listing agent will accompany. Proof of funds and/or pre-approval letter required for all showings. No sign, no lockbox.
The median home value in Lincolnton, NC is $290,000. This is lower than the county median home value of $360,900. The national median home value is $338,100. The average price of homes sold in Lincolnton, NC is $290,000. Approximately 37.73% of Lincolnton homes are owned, compared to 54.47% rented, while 7.8% are vacant. Lincolnton 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 Lincolnton real estate agent to arrange a tour today!
Lincolnton, North Carolina has a population of 10,926. Lincolnton is less family-centric than the surrounding county with 25.88% of the households containing married families with children. The county average for households married with children is 29.72%.
The median household income in Lincolnton, North Carolina is $38,920. The median household income for the surrounding county is $65,399 compared to the national median of $69,021. The median age of people living in Lincolnton is 34.9 years.
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 46.8 inches per year, with 4.5 inches of snow per year.