This great investment opportunity awaits whether you are a savvy or novice investor or simply looking to begin your real estate investing journey. This is a great investment opportunity for a great duplex at a great price. Both units have 2 bedrooms and 1 bath. Both units are occupied with long term tenants. This duplex is located within walking distance of downtown Cherryville and is also conveniently located with 15 minutes of Lincolnton and Gastonia. The Cherryville school district is wonderful if you have kids. The building has a brand new roof put on in 2023. City water and sewer. Please do not disturb tenants.
Unit 1 - on left as seen from street was totally updated 6 years ago. All appliances convey except for washer and dryer
Unit 2 - 20 year tenant and has not been up dated.
Closed
$221,850
502 E 1st St #1 & 2, Cherryville, NC 28021
4beds
2,105sqft
Duplex
Built in 1956
-- sqft lot
$227,300 Zestimate®
$105/sqft
$1,422 Estimated rent
Home value
$227,300
$205,000 - $252,000
$1,422/mo
Zestimate® history
Owner options
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$1,422/mo
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$1,422/mo
Rent Zestimate®
Refinance and save
$1,461/mo
Est. payment
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$1,461/mo
Est. payment
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Brand new roof
Zillow last checked:
Listing updated:
Listed by:
Nancy Barnes nanbarn8@aol.com,
Vickie Spurling Realty Inc
Bought with:
Scott Harrill
Huitt Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4196315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump, Natural Gas, Space Heater, Other
Cooling
- Central Air, Heat Pump, Window Unit(s), None
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
- Laundry: Electric Dryer Hookup, Utility Room, Washer Hookup, Other
Features
- Flooring: Concrete, Vinyl
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 2,105
- Total interior livable area: 2,105 sqft
- Finished area above ground: 2,105
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Parking Space(s)
- Uncovered spaces: 2
- Details: (Parking Spaces: 2-3)
Features
- Stories: 1
- Patio & porch: Awning(s), Other
Lot
- Size: 0.21 Acres
- Dimensions: 82 x 113
Details
- Parcel number: 129373
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick Partial, Vinyl
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Cherryville
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $174,160
- Date on market: 11/1/2024
- Cumulative days on market: 20 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities, Cable TV, Electricity, Trash Collection, Water
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2024 | Sold | $221,850-11.2%$105/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4196315 Report a problem | ||
| 11/21/2024 | Pending sale | $249,900$119/sqft |
Source: Canopy MLS as distributed by MLS GRID #4196315 Report a problem | ||
| 11/1/2024 | Listed for sale | $249,900+422.8%$119/sqft |
Source: Canopy MLS as distributed by MLS GRID #4196315 Report a problem | ||
| 2/13/2012 | Sold | $47,800$23/sqft |
Source: Canopy MLS as distributed by MLS GRID #2021655 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28021
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Nearby schools
GreatSchools rating
- 4/10William B Beam Intermediate SchoolGrades: 4-5Distance: 0.1 mi
- 7/10John Chavis Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Cherryville Senior High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Cherryville
- Middle: John Chavis
- High: Cherryville
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$227,300
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
$227,300
- North Carolina
- Gaston County
- Cherryville
- 28021
- 502 E 1st St Unit 1 & 2
Nearby cities
Nearby zip codes
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