Listing courtesy of FK and Associates Real Estate Firm. tristan@fkandassociates.com
Excellent opportunity to acquire a cash-flowing duplex in Lenoir with current gross rental income of $3,425 per month. This income-producing property offers immediate cash flow and has benefited from substantial ownership investment focused on long-term maintenance, property performance, and asset preservation. Over the course of ownership, numerous capital improvements and upgrades have been completed, including HVAC enhancements, moisture management systems, crawl space upgrades, drainage improvements, exterior maintenance, structural updates, and other property improvements designed to support the overall condition and operation of the asset. Documentation and records of completed improvements are available for buyer review. The property has been actively maintained and professionally managed, making it an attractive opportunity for investors seeking a stabilized rental property with established income in place. Generating approximately $41,100 in annual gross rental income, 808 Harrisburg presents an opportunity to expand an existing portfolio or acquire a well-maintained multifamily investment with immediate cash flow and documented ownership improvements.
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