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Listed by Elevation Realty, LLC
$ 250,000
Est. payment /mo
Active
619 Mckay ST Laurinburg, NC 28352
6 Beds
4 Baths
3,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $80
Subdivision Waverly
MLS Listing ID 10174540
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1939
Annual Tax Amount $971
Lot Size 3,100 Sqft
Acres 0.43
Property Sub-Type Quadruplex
Source Doorify MLS
Land Area 3100
Property Description
Prime Investment Opportunity in Laurinburg, NC! Fully occupied quadraplex generating a solid $3,000 monthly gross income. This property features four 2-bedroom, 1-bathroom units, offering consistent cash flow with long-term, reliable tenants. Significant recent capital improvements include a new roof installed in December 2025 and the addition of high-efficiency mini-split HVAC systems and new water heaters in 2021. One unit boasts updated flooring. While the property is currently performing well, it offers an excellent opportunity for a value-add investor to perform light cosmetic interior maintenance to further increase equity. Low annual property taxes of only $971. Don't miss this turnkey income-producing asset! This property is a fantastic "set it and forget it" investment with established, long-term tenants. The major capital expenditures (Roof, HVAC, Water Heaters) have already been addressed, allowing the new owner to focus on light interior maintenance to optimize value and maximize long-term returns.
Location
State NC
County Scotland
Community Waverly
Area 0.43
Zoning R6
Interior
Cooling Ceiling Fan(s), Wall Unit(s)
Flooring Carpet
Fireplace No
Exterior
Parking Features No Garage
Roof Type Shingle
Garage No
Building
Story Two
Water Public
New Construction No
Others
Senior Community No
Tax ID 010053 07062 10053007074
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
