12 Village Terrace

Rockingham, NC 28379

$1,799,900
Price
32
Beds
16
Baths
12,408 Sq. Ft.
$145 / Sq. Ft.
12,408
Sq. Ft.
$145
per Sq. Ft.

Description

This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal. An on-site laundromat was refreshed with new appliances....This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal. An on-site laundromat was refreshed with new appliances. This adds a revenue stream for increased profitability. The current owner receives $250+/mo in laundry income. Located near major Rockingham attractions like Discovery Place Kids and the upcoming NASCAR Xfinity Series, the property is positioned for future growth. Tenant information and rent details will be provided for a seamless transition. This is a turnkey investment with immediate cash flow potential. Don't delay! Discover this rock solid ROI potential in Rockingham, NC today!
  1. Listed by Kelley Lowder • Blue Sand Realty & Design LLC • 704-244-9662

Property Details for 12 Village Terrace

Parking Features
Driveway
LISTING UPDATED: 10/01/2024 12:16 PM

Property Details for 12 Village Terrace

StatusActive
MLS #4187048
Days on Market78
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Portfolio
Year Built1980
Lot Size4.77 AC / 207,781 SF
CountyRichmond County

Building Information for 12 Village Terrace

Stories-Residences-Year Built1980Building Size-Lot Size4.77 AC / 207,781 SF

Property Information for 12 Village Terrace

Summary
Location and General Information
  • Longitude: -79.788104
  • Latitude: 34.924185
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $309,562.00
  • Parcel Number: 746201-38-7297
  • City Taxes Paid To: Rockingham
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage Spaces: 0.0
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 12408.0
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
  • Property Sub Type Additional: Cottage
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 8
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
  • Restrictions: No Representation, Use
  • Restrictions Description: City of Rockingham Zoning R-7
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Road Surface Type: Asphalt, Paved
Interior Features
  • Appliances: Electric Oven, Refrigerator
  • Cooling: Central Air, Heat Pump
  • Heating: Central, Heat Pump
  • Laundry Features: Common Area, Other - See Remarks
  • Fireplace YN: No
  • Foundation Details: Crawl Space
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: 2 Bedroom
  • Number Of Units Total: 16
Rental
Rent Information
  • Tenant Pays: All Utilities, Trash Collection
  • Pets Allowed: Yes, Conditional

Property History for 12 Village Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12 Village Terrace

Taxable ValueLand$64,872Additions$465,294Total$530,166
Tax Record2024$6,112 ($509 / month)
Home Facts
Baths16Total Finished SqFt800 SqFtAbove Grade Finished SqFt800 SqFtStories1Lot Size207,781 SqFtStyleMiscellaneous CommercialYear Built1980CountyRICHMONDAPN746201387297

Schools near 12 Village Terrace

This home is within Richmond County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 10 to 12
Rating
School
Distance
West Rockingham Elementary
PublicPK to 5

Rockingham Junior High
Public6 to 8

Ashley Chapel Educational Center
Public6 to 12

Richmond Senior High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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12 Village Terrace is a multi-family home for sale in Rockingham, NC 28379. This property was listed for sale on September 30, 2024 by Blue Sand Realty & Design LLC, it's currently listed at $1,799,900. It has been on the market for a total of 78 days and was last sold on November 28, 2023. This listing's school district is Richmond County School District. Nearby schools include West Rockingham Elementary, Rockingham Junior High and Ashley Chapel Educational Center. 12 Village Terrace is a 32-bed, 16-bath, 12,408 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blue Sand Realty & Design LLC

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 10/01/2024 12:16 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS