Mooresville · Mooresville, NC
110 Dorothy Lane
Mooresville, NC · 1,080 sqft
$274,000
Reduced from $299,999
- 3Beds
- 2Baths
- 1,080SqFt
- 2006Year
- 290Days on market
About this home
CALLING ALL INVESTORS! (2) SEPARATE turn-key rentals w/ (2) SEPARATE MLS#'s -- options to buy package together w/ future commercial sale potential when the Exit 38 DOT project begins off Interstate-77/Cornelius Rd!! (110 Dorothy Lane @279k MLS 4267061+ 456 Cornelius Road @379k MLS 4267061) adjoining lots totaling 2.26 acres on corner w/ excellent potential for future gas station, restaurant, coffee shop, etc ! SELLER purchased both in 2017 & they have been profitable rentals since day 1 while waiting for the Exit 38 project to make its way through DOT for possible commercial resale potential. SELLER desires to reallocate to other endeavors making this is an excellent investment for new BUYER!! --THIS LISTING is 110 Dorothy--3 bed/2 full bath on a very nice, flat .95 acre lot just minutes to all the shopping/dining/entertainment off Exit 36 & Mooresville Hwy 150. New HVAC in 2020. Septic pumped 2025. Currently zoned RA. DO NOT DISTURB TENANT SHOWINGS BY APPT ONLY VIA LISTING AGENT - BRING OFFERS!
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,080
- Lot
- —
- Year built
- 2006
- Type
- Single Family
- Days on market
- 290
- Heating
- Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,016/ month
- Principal & interest
- $1,696
- Property tax (~1.05%)
- $239
- Homeowners insurance
- $79
- HOA dues
- —
Down payment
$13,700 down · $260,300 financed
Income to qualify (28% rule)
~$86,427 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.