Property Details
319 Connelly Springs Road
Lenoir
$750,000
MLS Number: 4423516
Status: Active
Description
Fully rented, income-producing 8-plex in the Whitnel area of Lenoir. The property includes four commercial storefronts at road level and four residential units above, with two separate parking areas. Each commercial space is approximately 1,500 square feet with concrete slab floors, central HVAC, and a half bath. The residential units each offer 2 bedrooms, 1 bathroom, and an open-concept kitchen/living area. Apartments feature baseboard heat, window AC units, and access to a shared covered porch/balcony. One unit is currently rented fully furnished on a short-term basis. Current total rental income is $7,150 per month. Operating expenses include taxes, insurance, lawn maintenance, exterior lighting, water, and property management. Listing agent is also the property manager. No interior showings until under contract. List of improvements and expenses available upon request.
Location |
|
|---|---|
| Address | 319 Connelly Springs Road Lenoir |
| County | Caldwell |
Overview |
|
| Bedrooms | 8 |
| Full Bathrooms | 4 |
| Half Bathrooms | 4 |
| Square Feet | 11000 sqft |
| Lot Size | 0.51 acres |
| Year Built | 1970 |
General |
|
| List Price | $750,000 |
| MLS Number | 4423516 |
| Status | Active |
| Office | Raccoon Realty LLC |
Schools |
|
| Elementary | Whitnel |
| Middle | William Lenoir |
| High | Hibriten |
Features |
|
| Type | Eightplex |
| Style | Other |
| Parking | Parking Lot, Parking Space(s) |
| Exterior Miscellaneous | Lawn Maintenance |
| Water/Sewer | City |
| Floor Coverings | Vinyl, Other - See Remarks |
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/08/26 4:34 am EST.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2020 Canopy Multiple Listing Services, Inc. All rights reserved.
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