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Investment Portfolio with Vacant Lot
For Sale
Under Contract
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218 Spring Street, Hamlet, NC 28345

LAND - Hamlet, NC

Property SizeContact for details
Lot Size0.18 Acres
Days on Market117

Property Features for 218 Spring Street

General Information

Property type Land
Property subtype Other
Zoning residential
Subdivision Not In Subdivision
Elementary school Monroe Avenue
High school Richmond Senior High
Directions From Hwy 74 to Kent St to Spring St
Standard status Active Under Contract
APN 749109151225
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 749109151225
Tax Annual Amount 47
Legal Description 749109151225
Listing Agency: Carolina Realty Co. Southeast LLC
Listed By: Crystal Stewart Long · License #286230
Added: Apr 20 Changed: Jul 9 Last Checked: Aug 14 at 7:06AM
MLS# 100568338

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

Investment Insights

Based on property information with market context.

This investment portfolio features seven fully rented single-family homes, one fully rented duplex, and one vacant lot. The properties are located within walking distance of each other. All tenants are long-term and currently on month-to-month leases, having fulfilled their initial one-year terms. The properties must be sold together as a portfolio. The vacant lot, located at 218 Spring St, is within city limits and has utility access. The portfolio includes properties at 314 High St, 316 High St, 300 Corning St, 302 Corning St, 310 Spring St, 422 Spring St, 320/322 High St (duplex), 627 Washington Ave, and the vacant lot at 218 Spring St. The vacant lot has a size of 0.18 acres.

Key Highlights

  • 9‑property investment portfolio: Includes 7 single‑family homes, 1 duplex, and 1 vacant lot.
  • All properties are located within walking distance of each other.
  • Existing rental income: 7 single‑family homes and 1 duplex are fully rented.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Pharmacy Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 28345, NC

11,546
Population
5,590
Households
2.1
Avg Household Size
42
Median Age
8%
College-Educated
80%
High-School Grad
71.1 sq mi
ZIP Area
162
Density / Sq Mi
$38,472
Median Household Income
$30,188
Median Earnings
$652
Median Rent
$95,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Portfolio of properties including a vacant lot in Hamlet, NC.
Where is this land located?
The property is located at 218 Spring Street Hamlet, NC.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 9‑property investment portfolio: Includes 7 single‑family homes, 1 duplex, and 1 vacant lot.; All properties are located within walking distance of each other.; Existing rental income: 7 single‑family homes and 1 duplex are fully rented.
More about this property
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