879 Holland Rd Pelham, NC 27311
Four-unit property with remodeling, income potential, and spacious backyards.
Property size:
4,001 SFLot size:
1.31 AcresProperty Features for 879 Holland Rd
General Information
- Size
- 4,001 SF
- Lot size
- 1.31 Acres
Building Details
- Year built
- 1957
Source: Keller Williams Realty Lynchburg
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Remodeled Quadplex Investment Opportunity
This four-unit property presents an investment opportunity. It includes a remodeled 1200-square-foot 2-bedroom, 1-bathroom unit with an open floor plan, new LVP flooring, updated kitchen and bath, laundry room, and appliances, currently rented for $950 per month. There is also a rented 2-bedroom, 1-bathroom single-family home, currently rented at $545 per month with potential to rent for $850. A vacant 1200-square-foot 2-bedroom, 1-bathroom unit is available for remodeling, similar to its twin, with a potential rental value of $950 or more. Additionally, a 2-bedroom, 1-bathroom single-family home requires minor repairs, with a potential rental value of $850. Each unit is equipped with an electric heat pump and AC, estimated to be 10 years old. The duplex has a newer roof installed in 2024. The property has a potential rental value of $3700 or more per month. All units feature private paved parking lots and/or gravel driveways, spacious backyards on 1.31 acres, and a large storage building. The duplex includes a private laundry room in the finished unit, while the single-family homes share a laundry facility in the rear with multiple washer and dryer hookups, plus additional storage, and two more small storage buildings.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Pelham
- County
- Caswell
- State
- North Carolina
- Longitude
- -79.4453936
- Latitude
- 36.5387908
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property with remodeling, income potential, and spacious backyards.
Where is this quadplex located?
The property is located at 879 Holland Rd Pelham, NC.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: - Excellent investment opportunity with immediate income potential from existing rentals.; - Potential for significant rental income increase to $3700+/month by renovating vacant units and optimizing rents.; - Includes a recently remodeled 1200sf 2/1 unit with NEW LVP flooring, kitchen, and bath.