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--a cozy outdoor space perfect for relaxing.
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 and leased through March 2027, providing a steady income stream from day one. 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!
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Zillow last checked:
Listing updated:
Listed by:
Janiel L Blackman910-619-6008,
J Blackman Real Estate
Source: Hive MLS,MLS#: 100591586Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Heating
Baseboard, Electric
Cooling
Wall/Window Unit(s)
Features
None
Basement: None
Attic: Access Only
Interior area
Total structure area: 1,100
Total interior livable area: 1,100 sqft
Property
Parking
Parking features: Unpaved, Off Street
Accessibility
Accessibility features: None
Features
Levels: One
Patio & porch: See Remarks, Patio
Exterior features: None
Pool features: None
Fencing: None
Has view: Yes
View description: See Remarks
Waterfront features: None
Frontage type: See Remarks
Lot
Size: 1 Acres
Dimensions: 240 x 175
Features: Corner Lot
Details
Parcel number: 093804 1 1
Zoning: none
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Block, See Remarks
Foundation: Slab
Roof: Architectural Shingle
Condition
New construction: No
Year built: 2024
Utilities & green energy
Sewer: Septic Tank
Water: Public
Utilities for property: Cable Available, Water Available, Electricity Available, Electricity Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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