
Courtesy of: Thomas Underwood, Underwood Properties 2 LLC, thomase.underwoodbroker@gmail.com
$155,000
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3 bed
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1.00 Bath (1 Full)
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Lot: 0.16 Acres
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Single Family Residence
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$155,000
1302 5th Street Exceptional investment opportunity just minutes from downtown Statesville! This unique portfolio offers 16 total units across 12 separate parcels (Parcel ID(s):;;;;;;;;;;), all situated on approximately 2.4 acres. Currently, eight (8) units are rented with a strong rental history and reliable tenants. The portfolio consists of two (2) triplexes and ten (10) single-family homes, providing a balanced mix of stable income and future potential. This combination of income-producing properties and redevelopment possibilities makes the portfolio well-suited for investors seeking both immediate cash flow and long-term upside. Conveniently located near Statesville amenities, these properties benefits from consistent demand and strong occupancy rates. With income in place from day one and additional value-add or development opportunities, this offering delivers stability, versatility, and long-term investment potential. Please note: Tenants are not to be disturbed. All showings must be scheduled by appointment only. Sold as a package and as-is.
Courtesy of: Thomas Underwood, Underwood Properties 2 LLC, thomase.underwoodbroker@gmail.com
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