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1554 Barringer Street Mount Pleasant, NC 28124

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For Sale
$775,000

MULTI_FAMILY - Mount Pleasant, NC

Lot size:
0.41 Acres
Added:
Jan 6, 2026
Days on Market:
89
Last Refresh:
Apr 5 at 5:06 pm

Property Features for 1554 Barringer Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RH
Bedrooms
11
Bathrooms
6
Rooms
Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 8, Bedroom 4, Bedroom 11, Bathroom 6, Bedroom 9, Bedroom 1, Laundry Room, Bedroom 10, Bathroom 4, Bathroom 5, Bedroom 7
Parking features
Driveway
Appliances
Dishwasher, Oven, Refrigerator, Washer
Standard status
Active
APN
5670-32-3256-0000
Lot size
0.41 Acres

Taxes and HOA fees

Tax Description
W/S BARRINGER ST 1.00LT

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Window Unit(s), Central Air

Building Details

Year built
1985
Number of units
5
Flooring type
Vinyl
Building materials
Aluminum, Brick Partial

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Listing Contact
Erika McNew
Erika McNew

Listing agent Erika McNew

Listing office The Virtual Realty Group 15105 John J Delaney Dr Ste 135, Charlotte, NC

Listing date Jan 6, 2026

MLS# 4333741

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Stabilized Multifamily Portfolio in Mount Pleasant

This stabilized five-unit multifamily portfolio is located in Mount Pleasant, North Carolina. The portfolio includes a single-family residence at 1554 Barringer Street, converted into a three-bedroom, two-bathroom home with full plumbing rehabilitation, an added bathroom with a high ceiling, and a vacuum barrier, and a fourplex at 1558, 1562, 1566, and 1568 Barringer Street. The property is situated on a 0.41-acre lot. Each unit is separately metered for water and electricity, with tenants responsible for their own utilities. The fourplex features a replaced roof, a new gutter system, a newly extended concrete driveway, and a new centralized mailbox bank. Interior upgrades have been completed in units 1566 and 1568, including LVP flooring, new appliances (stove and washer), new window units in 1568, freshly painted interiors and cabinets, updated switches and fixtures, and added washer and dryer connections. New lighting fixtures have been installed throughout the rehabbed units. Lawn maintenance costs $20 per month, with the single-family residence tenant responsible for lawn care as part of their lease agreement. The property benefits from convenient access to Concord, Kannapolis, and the Charlotte metro, supporting ongoing rental demand. Professional management is currently in place at 8%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness Center Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mount Pleasant
County
Cabarrus
State
North Carolina
Longitude
-80.431546
Latitude
35.396394

FAQs

What type of property is this?
Apartment building - Five-unit multifamily portfolio with strong cash flow in growing submarket.
Where is this apartment building located?
The property is located at 1554 Barringer Street Mount Pleasant, NC.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Stabilized 5‑unit multifamily portfolio offering strong cash flow.; Single‑family residence (1554 Barringer) **completely renovated with 3BR/2BA and full plumbing rehabilitation, including an added bathroom.**; Fourplex improvements include a new roof, gutter system, extended concrete driveway, and centralized mailbox bank.
More about this property
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