1411 Reid Street, Statesville, NC 28677

$159,000
2
BD
1
BA
876
SqFt

Listing courtesy of EXP Realty LLC Ballantyne

List Price
$159,000
MLS#
CAR3924305
Status
ACTIVE
Days on Market
8
Property Type
Residential
Architectural Style
Ranch
Stories
One Story
Year Built
1953
Bedrooms
2
Bathrooms
1
Full Baths
1
Lot Size
11,325
Lot Size Area
0.26
Living Area
876
Sq Ft Total
876
County
Iredell
Subdivision
Statesville
Special Conditions
None
Waterfront Features
None

Property Description

Great CASH FLOW with an EXCELLENT tenant in place. The monthly rent of $1,085 is guaranteed each month, making this a stress free income property that produces a VERY healthy Cap Rate of ~6.5%!! This property has been well maintained and features hardwood flooring throughout the living room and both bedrooms, washer & dryer hookups, a large kitchen w/ dining area, good natural lighting, vinyl siding, a large level yard w/ a fenced in yard and a carport. The property is very clean hassle free. Tenant is responsible for the water, cable & lawn maintenance. Owner pays the property taxes, hazard insurance & electricity (avg. ~$100 p/mo). The seller is reinvesting into a larger new construction project.

Additional Information

Community Features
None
Floor Coverings
Vinyl, Wood
Equipment
Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator
Foundation
Crawl Space
Main Level Rooms
Bathroom(s), Bedroom(s), Dining Area, Kitchen, Living Room, Primary Bedroom
Laundry Location
In Kitchen
Heating
Central, Gas Hot Air Furnace
Water Heater
Electric
Water
Public
Sewer
Public Sewer
Exterior Features
Fence
Exterior Construction
Vinyl Siding
Roof
Composition
Parking
Carport - 1 Car, Driveway
Driveway
Asphalt
Lot Description
Level
Elementary School
N.B. Mills
Middle School
Statesville
High School
Statesville
Porch
Covered, Front
Total Property HLA
876
Master on Main Level
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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