502 East 1st Street, Unit 1 & 2

Cherryville, NC 28021

$249,900
Price
4
Beds
2
Baths
2,105 Sq. Ft.
$119 / Sq. Ft.
2,105
Sq. Ft.
$119
per Sq. Ft.

Description

This great investment opportunity awaits whether you are a savvy or novice investor or simply looking to begin your real estate investing journey. This is a great investment opportunity for a great duplex at a great price. Both units have 2 bedrooms and 1 bath. Both units are occupied with long term tenants. This duplex is located within walking distance of downtown Cherryville and is also conveniently located with 15 minutes of Lincolnton and Gastonia. The Cherryville school district is wonderful...This great investment opportunity awaits whether you are a savvy or novice investor or simply looking to begin your real estate investing journey. This is a great investment opportunity for a great duplex at a great price. Both units have 2 bedrooms and 1 bath. Both units are occupied with long term tenants. This duplex is located within walking distance of downtown Cherryville and is also conveniently located with 15 minutes of Lincolnton and Gastonia. The Cherryville school district is wonderful if you have kids. The building has a brand new roof put on in 2023. City water and sewer. Please do not disturb tenants. Unit 1 - on left as seen from street was totally updated 6 years ago. All appliances convey except for washer and dryer

Unit 2 - 20 year tenant and has not been up dated.
  1. Listed by Nancy Barnes • Vickie Spurling Realty Inc • nanbarn8@aol.com

Property Details for 502 East 1st Street, Unit 1 & 2

Architectural Style
Traditional
Parking Features
Parking Space(s)
Subdivision Name
None
LISTING UPDATED: 11/01/2024 06:32 PM

Property Details for 502 East 1st Street, Unit 1 & 2

StatusActive
MLS #4196315
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1956
Lot Size0.21 AC / 9,147 SF
CountyGaston County

Building Information for 502 East 1st Street, Unit 1 & 2

Stories-Residences-Year Built1956Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 502 East 1st Street, Unit 1 & 2

Summary
Location and General Information
  • Longitude: -81.37407446
  • Zoning: RES
  • Latitude: 35.38167857
  • Directions: Hwy 150 to Cherryville, left (south) on Pink Street, left on First Street, dulplex is on right
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $174,160.00
  • Parcel Number: 129373
  • City Taxes Paid To: Cherryville
School Information
  • Middle Or Junior School: John Chavis
  • High School: Cherryville
  • Elementary School: Cherryville
Parking
  • Parking: Open Spaces: 2.0
  • Parking: Open Parking YN: Yes
  • Parking: Other: (Parking Spaces: 2-3)
  • Parking: Carport YN: No
  • Garage Spaces: 0.0
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 2105.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Other: 0.0
  • Lot Size Dimensions: 82x113
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 1
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Partial, Vinyl
  • Patio And Porch Features: Awning(s), Other - See Remarks
  • Road Surface Type: Gravel, Paved
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Cooling: Central Air, Heat Pump, Window Unit(s), None
  • Heating: Heat Pump, Natural Gas, Space Heater, Other - See Remarks
  • Laundry Features: Electric Dryer Hookup, Utility Room, Washer Hookup, Other - See Remarks
  • Fireplace YN: No
  • Window Features: Insulated Window(s)
  • Flooring: Concrete, Vinyl
  • Foundation Details: Slab
  • Basement YN: No
  • Stories: 1
Multi Family
Multi-Family Information
  • Unit Type: Apartments
  • Unit Room Type: Bathroom(s), Bedroom(s), Kitchen, Living Room, Primary Bedroom, Laundry
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: All Utilities, Cable TV, Electricity, Trash Collection, Water
  • Pets Allowed: Yes

Property History for 502 East 1st Street, Unit 1 & 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 502 East 1st Street, Unit 1 & 2

This home is within Gaston County School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Cherryville Elementary School
PublicPK to 3

William B Beam Intermediate School
Public4 to 5

John Chavis Middle School
Public6 to 8

Cherryville Senior High School
Public9 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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502 East 1st Street, Unit 1 & 2 is a multi-family home for sale in Cherryville, NC 28021. This property was listed for sale on November 1, 2024 by Vickie Spurling Realty Inc, it's currently listed at $249,900. It has been on the market for a total of 19 days and was last sold on February 13, 2012. This listing's school district is Gaston County School District. Nearby schools include Cherryville Elementary School, William B Beam Intermediate School and John Chavis Middle School. 502 East 1st Street, Unit 1 & 2 is a 4-bed, 2-bath, 2,105 sqft multi-family home built in 1956.

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 Vickie Spurling Realty Inc

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.