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  • Price cut: $50K (1/30)
    $1,749,900

    12 Village Terrace Dr, Rockingham, NC 28379

    32beds
    12,408sqft
    : 
    Multi Family
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $141/sqft
    $-- HOA

    What's special

    New porchesNew asphalt drivewayImproving curb appealRecent foundation workNew roofsNew hvac systemsInterior upgrades
    This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal. An on-site laundromat was refreshed with new appliances. This adds a revenue stream for increased profitability. The current owner receives $325+/mo in laundry income. Located near major Rockingham attractions like Discovery Place Kids and the upcoming NASCAR Xfinity Series, the property is positioned for future growth. Tenant information and rent details will be provided for a seamless transition. This is a turnkey investment with immediate cash flow potential. Don't delay! Discover this rock solid ROI potential in Rockingham, NC today!
    209 days
    on Zillow
    |
    286
    |
    11
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    Zillow last checked: 7 hours ago

    Listing updated: February 20, 2025 at 08:37am

    Listing Provided by:

    Kelley Lowder 704-244-9662,

    The Castle & Co

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4187048MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 12 Village Terrace Dr.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 32
    • Bathrooms: 16
    • Full bathrooms: 16
    Heating
    • Central, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Electric Oven, Refrigerator
    • Laundry: Common Area, Other
    Features
    • Has basement: No
    Interior area
    • Total structure area: 12,408
    • Total interior livable area: 12,408 sqft
    • Finished area above ground: 12,408
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Lot
    • Size: 4.77 Acres
    Details
    • Parcel number: 746201387297
    • Zoning: R-7
    • Special conditions: Subject to Lease

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Location
    • Region: Rockingham

    Financial & listing details

    • Price per square foot: $141/sqft
    • Tax assessed value: $309,562
    • Annual tax amount: $6,112
    • Date on market: 9/30/2024
    • Listing terms: Cash,Conventional,Exchange
    • Tenant pays: All Utilities, Trash Collection
    • Road surface type: Asphalt, Paved
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