Statesville · Statesville, NC
819 Newbern Avenue #1
Statesville, NC · 1,253 sqft
$69,000
Reduced from $104,000
- 3Beds
- 1Baths
- 1,253SqFt
- 1930Year
- 6Days on market
About this home
Exceptional investment opportunity just minutes from downtown Statesville! This portfolio offers 2 total properties across 2 separate parcels (Parcel ID(s): 4733799680; 4734141966). Currently, all units are rented with a strong rental history and reliable tenants. The portfolio consists of two ranch-style single-family homes and one two-story single-family home, providing a balanced mix of stable income and future potential. This combination of income-producing properties and redevelopment possibilities makes the portfolio well-suited for investors seeking both immediate cash flow and long-term upside. Conveniently located near Statesville amenities, these properties benefits from consistent demand and strong occupancy rates. With income in place from day one and additional value-add or development opportunities, this offering delivers stability, versatility, and long-term investment potential. Please note: Tenants are not to be disturbed. All showings must be scheduled by appointment only. Can be sold as a package and Sold As Is.
Property details
- Beds
- 3
- Baths
- 1
- SqFt
- 1,253
- Lot
- —
- Year built
- 1930
- Type
- Single Family
- Days on market
- 6
- Heating
- Natural Gas
- Cooling
- N/A
- Foundation
- Other - See Remarks
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$507/ month
- Principal & interest
- $427
- Property tax (~1.05%)
- $60
- Homeowners insurance
- $20
- HOA dues
- —
Down payment
$3,450 down · $65,550 financed
Income to qualify (28% rule)
~$21,765 / 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.