532 E Iredell Avenue, Mooresville, NC 28115
- $289,000
- 4
- BD
- 2
- BA
- 1,506
- SqFt
Listing courtesy of The Agency - Charlotte. Makayla.Villarreal@TheAgencyRE.com
- List Price
- $289,000
- MLS#
- 4409652
- Status
- ACTIVE
- Days on Market
- 0
- Property Type
- Residential
- Distressed Property
- Yes
- Year Built
- 1936
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Lot Size
- 10,018
- Lot Size Area
- 0.23
- Living Area
- 1,506
- Sq Ft Total
- 1506
- County
- Iredell
- Subdivision
- No Neighborhood
- Special Conditions
- Undisclosed
Property Description
Rare opportunity to own a fully occupied DUPLEX just a short 6-7 minute stroll from Downtown Mooresville's restaurants, breweries, coffee shops, boutiques, parks, and year-round community events. Offering immediate rental income with both units currently tenant occupied, this property is an excellent addition to any investment portfolio while also providing future flexibility for an owner-occupant looking to live in one unit and rent out the other. Each unit features 2 bedrooms, 1 full bathroom, an efficient floor plan, inviting front porch, and updated flooring with a combination of wood-look laminate and carpet. Major updates include a new roof in 2025 and a new water heater in Unit A, providing added value and peace of mind for the next owner. With no HOA, investors have the flexibility to explore long-term, mid-term, or short-term rental opportunities (subject to local regulations), allowing you to maximize the property's income potential. Whether you're looking to generate immediate cash flow, add a versatile income-producing property to your portfolio, or secure a duplex with multiple investment strategies, this is an opportunity you won't want to miss.
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Additional Information
- Floor Coverings
- Laminate, Tile
- Equipment
- Electric Range, Electric Water Heater
- Foundation
- Crawl Space
- Main Level Rooms
- Primary Bedroom, Bedroom(s), Bathroom-Full, Primary Bedroom, Bedroom(s), Bathroom-Full, Kitchen, Kitchen, Living Room, Living Room
- Laundry Location
- None
- Heating
- Heat Pump
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Vinyl
- Roof
- Architectural Shingle
- Parking
- Driveway
- Driveway
- Gravel, Paved
- Elementary School
- South / Mooresville IS
- Middle School
- Mooresville
- High School
- Mooresville
- Total Property HLA
- 1506
- Master on Main Level
- Yes
Mortgage Calculator
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