UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $190
Subdivision Not In Subdivision
MLS Listing ID 100591586
Bedrooms 2
HOA Y/N No
Year Built 2024
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 240x175
Property Sub-Type Duplex
Source Hive MLS
Property Description
Don't miss this rare opportunity to own two charming homes on approximately one acre, offering immediate rental income and long-term investment potential.
The primary home features 640 square feet with 1 bedroom, 1 bathroom, and a welcoming 30-square-foot front patio--a cozy outdoor space perfect for relaxing.
The second home is a 520-square-foot efficiency-style cottage with an open-concept layout and its own 25-square-foot front patio, making it an attractive option for tenants seeking comfortable, low-maintenance living.
Both homes were built in 2024 and are currently tenant-occupied and leased through March 2027, providing a steady income stream from day one. This makes the property an excellent opportunity for investors looking for an established rental property with reliable occupancy already in place.
Situated on approximately one acre, the property offers ample outdoor space and potential for future possibilities, subject to local zoning and regulations. Wallace NC is a small town on I-40 that is convenient to Raleigh, NC and Wilmington, NC.
Whether you're expanding your investment portfolio or seeking a unique property with built-in rental income, this versatile offering is one you won't want to miss. Schedule your private showing today!
Location
State NC
County Duplin
Community Not In Subdivision
Zoning none
Direction I40 W to to Hwy 117 in Wallace, make left on Main Street, Left on H.C. Powers Rd, travel about 1/2 mile, property on left
Location Details Mainland
Rooms
Basement None
Interior
Interior Features None
Heating Baseboard, Electric
Cooling Wall/Window Unit(s)
Furnishings Unfurnished
Exterior
Exterior Feature None
Parking Features Unpaved, Off Street
Pool None
Utilities Available Cable Available, Water Available, Electricity Available, Electricity Connected, Water Connected
Waterfront Description None
View See Remarks
Roof Type Architectural Shingle
Accessibility None
Porch See Remarks, Patio
Garage No
Building
Lot Description Corner Lot
Entry Level One
Foundation Slab
Water Community Water
Level or Stories 1
Structure Type None
New Construction No
Schools
Elementary Schools Wallace
Middle Schools Wallace
High Schools Wallace-Rose Hill
Others
Tax ID 093804 1 1
Special Listing Condition Standard
Nearby Locations
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