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Sold for $775,000 on 07/09/25
  • $775,000

    12600 Old Stage Rd, Willow Spring, NC 27592

    20beds
    10,823sqft
    Duplex, Residential
    Built in 1920
    -- sqft lot
    $822,200 Zestimate®
    $72/sqft
    $2,026 Estimated rent

    What's special

    A rare opportunity to acquire a high-performing rental portfolio generating over $100,000 in annual rental income with a 10% CAP rate. This 8.6-acre property includes 5 single-family homes and 4 duplexes (12 doors total)—most of the homes have been extensively renovated and are leased through February 2026, with just one unit currently on a month-to-month lease. The homes are in move-in ready condition, offering a turnkey solution for investors seeking immediate cash flow. Strategically located near Panther Lake, this property also provides potential for creative long-term exit strategies, future development, or value-add opportunities. A vacant duplex on-site presents the possibility to increase the portfolio to 14 total units, further enhancing returns. With room to raise rents and long-term growth potential, this property offers both stability and upside for savvy investors.

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 11:15am

    Listed by:

    Robert William Buesser 201-675-6780,

    DASH Carolina

    Bought with:

    KEVIN Van Zyl, 161849

    Kevin Van Zyl

    Source: Doorify MLS,MLS#: 10102712MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 12
    • Full bathrooms: 12
    Heating
    • See Remarks
    Cooling
    • Other
    Features
    • Flooring: Vinyl
    Interior area
    • Total structure area: 10,823
    • Total interior livable area: 10,823 sqft
    • Finished area above ground: 10,823
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 20
    • Parking features: Open
    • Uncovered spaces: 20
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    Lot
    • Size: 8.61 Acres
    Details
    • Parcel number: 0696109576
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Duplex, Residential
    • Attached to another structure: Yes
    Materials
    • Concrete
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Septic Tank, Shared Septic
    • Water: Shared Well

    Community & neighborhood

    Location
    • Region: Willow Spring
    • Subdivision: Not in a Subdivision
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $822,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $822,200