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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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Listing 100591586 , Wallace, NC 28466
$210,000
Est. Payment: $466.67/mo
2 Bed
2 Bath
1100 Sqft
Status: Active | Days on site: 27
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579502065 - 579505930
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House Description

Exceptional Investment Opportunity - Two Income-Producing Homes on 1 Acre! Don't miss this rare opportunity to own two charming homes on approximately one acre, offering immediate rental income and long-term investment potential. The primary home features 640 square feet with 1 bedroom, 1 bathroom, and a welcoming 30-square-foot front patio. The second home is a 520-square-foot efficiency-style cottage with an open-concept layout and its own 25-square-foot front patio, making it an attractive option for tenants seeking comfortable, low-maintenance living. Both homes were built in 2024 and are currently tenant-occupied. One is leased through March 2027 providing a steady income stream from day one. The other is leased until September 2026. This makes the property an excellent opportunity for investors looking for an established rental property with reliable occupancy already in place. Situated on approximately one acre, the property offers ample outdoor space and potential for future possibilities, subject to local zoning and regulations. Wallace NC is a small town on I-40 that is convenient to Raleigh, NC and Wilmington, NC. Whether you're expanding your investment portfolio or seeking a unique property with built-in rental income, this versatile offering is one you won't want to miss. Schedule your private showing today!

Highlights

Listed by Janiel L Blackman , 910-619-6008 J Blackman Real Estate , 910-619-6008.

Property Type

Multi-Family

Lot/Acreage
1

Year Built

2024

County

Duplin

Neighborhood

Not In Subdivision

Listing ID

100591586

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Water:Community Water

Exterior Features

Lot:Corner Lot,Fencing: None,Outside City Limits
Lot Dimensions:240x175
Garage Capacity:0
Zoning:none
Roof:Architectural Shingle
Parking Features:Unpaved,Off Street
Principal Interest
$467
Taxes
$134

Home Price

$210,000

Loan Details

30 yrs
%

Down Payment

20%
$42,000
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Monthly Price:
$466.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $466.67 $133.88 $0.00 $600.54
Yearly $5,600.00 $1,606.50 $0.00 $7,206.50
Total $168,000.00 $48,195.00 $0.00 $216,195.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wallace, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.