619 Mckay Street, Laurinburg, NC 28352

$250,000

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Listing courtesy of Elevation Realty. Contact:

List Price
$250,000
Status
ACTIVE
MLS#
1224764
Lot Size
18,730
Year Built
1939
Acres
0.43

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. Recent capital improvements - a new roof installed in 12/2025 & the addition of high-efficiency mini-split HVAC systems & new water heaters in 2021. One unit boasts updated flooring. 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.

Additional Information

Exterior Features
Balcony
Parking
Driveway
Water
Public
Flooring
Carpet
Heating
Forced Air, Electric

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Calculator source: Real Geeks