Lincolnton NC Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,822
Status:
Active
Beds:
4
Year built:
1925
Baths:
2.00
MLS#:
4197980

ADDITIONAL INFORMATION

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.

Type:
Apartment
Sq.Ft.:
3,380
Status:
Active
Beds:
5
Year built:
1900
Baths:
5.00
MLS#:
4194691

ADDITIONAL INFORMATION

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.

Type:
Cluster
Sq.Ft.:
4,260
Status:
Active
Beds:
n/a
Lot size:
3 Acres
Year built:
1984
Baths:
MLS#:
4193657

ADDITIONAL INFORMATION

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.

Type:
Duplex
Sq.Ft.:
1,512
Status:
Active
Beds:
2
Year built:
1972
Baths:
2.00
MLS#:
4147961

ADDITIONAL INFORMATION

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.

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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Lincolnton Real Estate

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.

Lincolnton Weather

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.

Lincolnton Real Estate Market Conditions

  • Median sales price

    $290,000
    25.4% change since last quarter
  • # Active listings

    251
    30-day change

Lincolnton Schools and Demographics

Education near Lincolnton, NC

Metric City County
High School Graduates 84.84 88.89
College Degree - 2 year 11.29 11.45
College Degree - 4 year 19.08 24.25
Graduate Degree 5.03 6.05
Expenditures per Student 9,142 9,142
Students per Teacher 15.6 15.6

Elementary Schools near Lincolnton, NC

School Grades Students P/T Ratio ZIP
Balls Creek Elementary School PK - 06 612 15.8 28658
Battleground Elementary School PK - 03 316 13.5 28092
Blackburn Elementary School KG - 06 693 16.7 28658
Carr Elementary School PK - 05 647 15.8 28034
Charles H Tuttle Elementary School KG - 06 518 16.8 28650
Childers Elementary PK - 05 467 14.4 28092
Costner Elementary School PK - 05 583 18 28034
General Electric Massey Elementary PK - 03 254 12.1 28092
Iron Station Elementary School PK - 05 473 12.6 28080
Love Memorial Elementary School PK - 05 318 11.8 28092
Maiden Elementary School KG - 06 518 14.8 28650
North Newton Elementary KG - 05 489 16.5 28658
Pumpkin Center Intermediate 03 - 05 273 15.2 28092
Pumpkin Center Primary KG - 02 235 15.1 28092
S Ray Lowder Elementary School PK - 03 263 14.9 28092
South Newton Elementary School KG - 05 356 16.7 28658
Startown Elementary School PK - 06 535 14.9 28658

Middle Schools near Lincolnton, NC

School Grades Students P/T Ratio ZIP
East Lincoln Middle School 06 - 08 692 17 28080
Jacobs Fork Middle School 07 - 08 505 16.6 28658
Kiser Intermediate 04 - 05 347 12.7 28092
Lincolnton Middle School 06 - 08 615 15 28092
Maiden Middle School 07 - 08 489 17.2 28650
W C Friday Middle School 06 - 08 687 17.8 28034
West Lincoln Middle School 06 - 08 661 15.5 28092

High Schools near Lincolnton, NC

School Grades Students P/T Ratio ZIP
Discovery High School 09 - 12 224 16.9 28658
Fred T Foard High School 09 - 12 1,025 17.1 28658
Gaston Early College High School 09 - 13 170 20.6 28034
Lincolnton High School 09 - 12 887 15.4 28092
Maiden High School 09 - 12 877 16.3 28650
Newton-Conover High School 09 - 12 811 15.1 28658
North Gaston High School 09 - 12 1,095 18 28034
North Lincoln High School 09 - 12 974 17.5 28092
West Lincoln High School 09 - 12 919 16.7 28092

Ungraded Schools near Lincolnton, NC

School Grades Students P/T Ratio ZIP
* Asbury School 07 - 12 28 3.8 28092
LCST UG - UG 0 0 28092

Demographics near Lincolnton, NC

Metric City County
Neighborhood Type Suburban
Population 10,926 85,670
Population Density 1,263 290
Median Age 34.9 43.7
People per Household 2.3 2.5
Median Household Income 38,920 65,399
Average Income per Capita 23,793 35,929