Property summary
This exceptional investment opportunity presents a brand-new, two-unit duplex located at 622 Rainey Dr, Spring Lake, NC 28390, in Harnett County. Completed at the end of August 2024, this property offers a compelling return on investment. The duplex boasts a total of 3,126 square feet of net rentable space, spread across two units, each featuring three bedrooms and two and a half bathrooms. Situated on a 0.45-acre lot, the property's construction is of high quality, reflecting its recent completion. The asking price is $439,000, translating to a price per unit of $219,500 and a price per square foot of $280.87. This represents a strong value proposition in the current market. The property is classified as a multifamily investment, ideal for owner-users seeking a hands-on approach to real estate investment. The two-story building offers a total square footage of 1,563 square feet. This turnkey property is ready for immediate occupancy and income generation, making it an attractive option for savvy investors seeking a profitable addition to their portfolio. The property's location in Spring Lake, North Carolina, provides convenient access to local amenities and services.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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