For Sale
$439,000

622 Rainey Dr Spring Lake, NC 28390

Brand new duplex, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a brand-new, two-unit duplex located at 622 Rainey Dr, Spring Lake, NC 28390, in Harnett County. Completed at the end of August 2024, this property offers a compelling return on investment. The duplex boasts a total of 3,126 square feet of net rentable space, spread across two units, each featuring three bedrooms and two and a half bathrooms. Situated on a 0.45-acre lot, the property's construction is of high quality, reflecting its recent completion. The asking price is $439,000, translating to a price per unit of $219,500 and a price per square foot of $280.87. This represents a strong value proposition in the current market. The property is classified as a multifamily investment, ideal for owner-users seeking a hands-on approach to real estate investment. The two-story building offers a total square footage of 1,563 square feet. This turnkey property is ready for immediate occupancy and income generation, making it an attractive option for savvy investors seeking a profitable addition to their portfolio. The property's location in Spring Lake, North Carolina, provides convenient access to local amenities and services.

Highlights

  • $439,000 asking price for a two-unit multifamily property.
  • Brand new construction completed end of August 2024.
  • Located at 622 Rainey Dr, Spring Lake, NC 28390.
  • Two units, each with 3 bedrooms and 2.5 bathrooms.
  • Total net rentable square footage of 3,126 sq ft on a 0.45-acre lot.
  • $219,500 per unit.

Property Details for 622 Rainey Dr

Property type
Residential income homes
Square Feet
1,563 SF
Year Built
2024
Buildings
1
Stories
2
Lot Size (sq. ft)
19,602 SF
Units
2

Location Insight

City
Spring Lake
County
Harnett
State
North Carolina
Latitude
35.235645
Longitude
-78.949257

FAQs

What type of property is this?
Residential income home - Brand new duplex, high ROI potential.
Where is the residential income home located?
The property is located at 622 Rainey Dr Spring Lake, NC.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: $439,000 asking price for a two-unit multifamily property.; Brand new construction completed end of August 2024.; Located at 622 Rainey Dr, Spring Lake, NC 28390.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
622 Rainey Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message