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Off market
    • Price Unknown

    1301 King Ave, Spring Lake, NC 28390

    --beds
    0baths
    600sqft
    MultiFamily
    Built in 1968
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $932 Estimated rent

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    What's special

    40-unit Multi-Family Complex located in Spring Lake, NC approximately 5 minutes (2 miles) from FT Bragg. Property is near a Walmart Supercenter and many other restaurants, retailers and hotels. Property consists of Nine (9) all brick buildings with lots of parking. There's "Twenty-Eight (28)", 2BR/1BA, "Five (5)", 2BR/1.5BA and "Seven (7)" spacious 1BR/1BA units all individually metered for electric and water. Tenants pay their own utilities.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • 1 Bath, Multiple Units
    • Flooring: Carpet, Laminate, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 600 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Features: Cul-de-Sac, Dead End Street
    Details
    • Parcel number: 0511096582
    • Zoning: R6
    • Zoning description: Residential District
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Fair
    • Year built: 1968

    Utilities & green energy

    • Electric: Duke Progress Energy
    • Sewer: Spring Lake Sewer
    • Water: Spring Lake Water

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Spring Lake

    Other

    Other facts
    • Flooring: Carpet, Laminate, Vinyl, Carpet And Vinyl
    • Zoning: R6
    • Appliances: Range/Oven, Refrigerator
    • HeatingYN: true
    • CoolingYN: true
    • Furnished: Unfurnished
    • PropertyCondition: Fair
    • OwnerPays: Trash Collection, Grounds Care, Management Fee
    • NumberOfUnitsTotal: 40
    • PropertyAttachedYN: true
    • LotFeatures: Cul-de-Sac, Dead End Street
    • Cooling: Window Unit(s), Central Air
    • ElectricOnPropertyYN: True
    • SpecialListingConditions: Standard
    • FarmLandAreaUnits: Square Feet
    • ConstructionMaterials: Brick Veneer, Brick Veneer And Frame
    • SecurityFeatures: Smoke Detector(s)
    • Heating: ELEC BASEBOARD, Window Unit
    • StructureType: Apartments
    • ZoningDescription: Residential District
    • Electric: Duke Progress Energy
    • YearsCurrentOwner: More than a year
    • Sewer: Spring Lake Sewer
    • WaterSource: Spring Lake Water
    • InteriorFeatures: 1 Bath, Multiple Units
    • Exclusions: -Tenant owned property.
    • GrossIncome: 185880
    • Inclusions: -30 Ranges and 30 Refrigerators
    • NetOperatingIncome: 126122
    • OperatingExpense: 59758.00

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