1301 King Street, Spring Lake, NC 28390 – LP549512

Listed by RESOLUTE REALTY LLC.
Bought with RESOLUTE REALTY LLC.

$1,050,000

$1,120,000

6.3%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment -/mo

4.01 Acres Lot

SOLD DATE : 07/15/2019

Key Details

Sold Price $1,050,000

Property Type Single Family Home

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID LP549512

Sold Date 07/15/19

Originating Board Triangle MLS

Year Built 1968

Lot Size 4.010 Acres

Acres 4.01

Property Description

40-unit Multi-Family Complex located in Spring Lake, NC approximately 5 minutes (2 miles) from FT Bragg. Property is near a Walmart Supercenter and many other restaurants, retailers and hotels. Property consists of Nine (9) all brick buildings with lots of parking. There’s “Twenty-Eight (28)”, 2BR/1BA, “Five (5)”, 2BR/1.5BA and “Seven (7)” spacious 1BR/1BA units all individually metered for electric and water. Tenants pay their own utilities.

Location

State NC

County Cumberland

Zoning R6 - Residentia

Direction -Take NC-210 N/NC-24/NC-87 to Spring Lake. Once in Spring Lake, turn right onto Lake Avenue. Travel 1.1 miles and turn left onto Grogg Street. Travel to the end of the street and turn left onto King Street. All apartments on Grogg & King Street are part of this complex.

Interior

Heating Baseboard, Electric

Cooling Central Air, Window Unit(s)

Flooring Carpet, Hardwood, Laminate, Tile, Vinyl

Fireplace No

Exterior

Utilities Available Natural Gas Not Available

Garage No

Private Pool No

Building

Lot Description Cul-De-Sac

Faces -Take NC-210 N/NC-24/NC-87 to Spring Lake. Once in Spring Lake, turn right onto Lake Avenue. Travel 1.1 miles and turn left onto Grogg Street. Travel to the end of the street and turn left onto King Street. All apartments on Grogg & King Street are part of this complex.

Structure Type Brick Veneer,Frame

New Construction No