Google Maps: 523 S Tradd St, Statesvile, NC 

2 Homes zoned Duplex/Triplex 

OFF MARKET $165k

THAT'S... $33k per rented door

Great location 1/2 mile from downtown Statesville

These are true one-bedroom apartments, not "efficiencies"

Property Details: 5 bedrooms, 5 bathrooms

519-A, 519-B, 519-C, 523-A, & 523-B

S Tradd Street, Statesville, NC 28677

5 Doors rented. 1 door used as storage (could be remodeled and rented out)

• Separate electric meters for each unit--Tenants pay electric
• Each unit has space heater & window units (gas is available if you want to reinstall gas heat)
• All utilities through the city (water/sewer/trash)
• Both houses are identical built in 1939; County records shows major renovations in 1986 
• INCLUDES the pie shaped lot (could be developed for more parking) 
• Price reduction BECAUSE tenants are not cooperative for showings (able to view the storage unit and one other unit)

Please drive-by only and do not disturb the tenants

Photos of typical unit below

Click here for MORE PICTURES

Return on Investment:

Great opportunity for passive income; once updates are made, 1/1 in this area qualify for up to $900 through Section 8

Call/Text Rochelle 704-765-4800

or email

Rochelle@solutionhomeinvestors.com