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879 Holland Rd Pelham, NC 27311

For Sale
$245,000

Four-unit property with significant income potential and recent updates.

Property size:
4,000 SF
Lot size:
1.31 Acres

Property Features for 879 Holland Rd

General Information

Size
4,000 SF
Lot size
1.31 Acres

Building Details

Year built
1957

Source: KW Central Agent Rick Fain

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Remodeled Multifamily Investment Opportunity

This multifamily property features four units, offering an investment opportunity. One 1200-square-foot unit has been fully remodeled with an open floorplan, new LVP flooring, updated kitchen and bath, laundry room, and appliances; it is currently rented for $950 per month. An additional single-family home (SFH) is rented for $545 per month, with a potential rental value of $850 per month. A vacant 1200-square-foot unit is available for remodeling, similar to its twin, with a potential rental value of $950 or more per month. The fourth unit, a single-family home, requires minor repairs and has a potential rental value of $850 per month. 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 includes a private paved parking lot and gravel driveways, spacious backyards on 1.31 acres, a large storage building, and a shared laundry facility in the rear with multiple washer and dryer hookups, plus additional storage. The property is located 1.5 miles from the Danville Caesar's Casino, presenting an Airbnb opportunity. The total potential rental income is $3700 or more per month.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Building Supply Dental Office Auto Repair Shop Department Store Discount Store

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

Location Insight

  • Map
  • Local Demand
City
Pelham
County
Caswell
State
North Carolina
Longitude
-79.4453936
Latitude
36.5387908

FAQs

What type of property is this?
Quadplex - Four-unit property with significant income potential and recent updates.
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: - Potential rental income of $3700+/month.; - Four units included: **one fully remodeled 2/1 unit**, one vacant 2/1 unit ready for remodeling, and two single-family homes (one rented, one needing minor repairs).; - **Excellent Airbnb opportunity** due to proximity to Danville Caesar's Casino (1.5 miles).
More about this property
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