127/129 N 1st St, Spring Lake, NC 28390
FOR SALE

127/129 N 1st St
Spring Lake, NC 28390

  • Studio
  • Studio

$599,900

Original price: $695,000
Est. Mortgage $3,680/mo*
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Local Information

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Commute Destination

Description

Excellent investment opportunity. 8-unit multi-family property located in Spring Lake, NC. Less than 10 minutes to military base and centrally located to shopping, dining, and all city amenities. This property is 2 brick Quadplexes that face each other and is 100% occupied. Each unit offers 2 bedrooms and 1 bathroom. Plenty of parking. Tenants pay their own utilities. Monthly rental income is right at $5k. Owner pays for lawn care, repairs and property mgmt fees. PLEASE DO NOT DISTURB TENANTS - VACANT PICS OF LATEST UNIT THAT WAS ON THE MARKET. INSPECTIONS CAN BE SCHEDULED ONCE UNDER CONTRACT AND DD MONEY HAS BEEN RECEIVED.

Seller will entertain all offers.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
45 days ago

Home Details for 127/129 N 1st St

Interior Features

Heating & Cooling
Heating: Baseboard,Window UnitHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard
Windows, Doors, Floors & Walls
Window: BlindsFlooring: Carpet, Laminate, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Laminate, Vinyl

Exterior Features

Exterior Home Features
Exterior: Courtyard
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 45

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: One Story
Building
Construction Materials: Brick
Property Information
Parcel Number: 0501761356.000/ 0501761441

Price & Status

Price
List Price: $599,900
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Spring LakeCommunity: Spring Lake
School Information
Elementary School: Lillian Black ElementaryJr High / Middle School: Spring Lake Middle SchoolHigh School: Pine Forest Senior High

Agent Information

Listing Agent
Listing ID: 721165

HOA

Association for this Listing: Longleaf Pine Realtors

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, New Loan

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: More than a year

Rental

Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Management, Repairs, Roof Maintenance

Miscellaneous

Mls Number: 721165Living Area Range Units: Square Feet
Last check for updates: about 8 hours ago
Listing courtesy of AMY REYNOLDS
ACE REAL ESTATE
Originating MLS: Longleaf Pine Realtors
Source: LPRMLS, MLS#721165

Price History for 127/129 N 1st St

DatePriceEventSource
04/25/2024$599,900PriceChange
LPRMLS #721165
03/21/2024$695,000PriceChange
LPRMLS #721165
03/12/2024$800,000Listed For SaleLPRMLS #721165

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Comparable Sales for 127/129 N 1st St

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208 Scarborough St #A-B, Spring Lake, NC
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$160,000
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942
501 Weaver St, Spring Lake, NC
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$75,000
07/12/23
4
2
1,536
1051-1059 McKay Dr, Spring Lake, NC
4.90
Multi-Family Home
$377,000
04/05/24
-
3,003
103 Fleishman St, Fayetteville, NC
4.92
Multi-Family Home
$825,000
10/17/23
-
-
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-
-

What Locals Say about Spring Lake

  • Nelly G.
    "I see kids playing outside all the time. People also walk their dogs often. Neighbors are friendly but also aren’t nosy. I walk my dog at night sometimes but I always have my husband go with me"
    10
    Flag
  • Keeleytrujillo4
    "The only advantage to spring lake is it’s proximity to Bragg. It’s not a safe place to live and I wouldn’t raise a family here. It’s cheap here though that’s about it. "
    0
    Flag
  • Laquisha H.
    "K It's A Quite Neighborhood. Good People. No Dogs Walking Unless There Owner Is With Them && Have A Leash "
    1
    Flag
  • Alisha W.
    "My parents live in this neighborhood and I love the community. I love the closeness to schools and the friendly neighborhood."
    3
    Flag
  • Max.strauser
    "Six years of crime and drugs kids have nothing to do and kids are over dosing at the highest rate ever. Harnett county is #2 in the state for STDs. There have been cops shot by 16 year olds and schools seem to be very low and kids seem to be pushed through the system. I live in a gated community and one of the biggest heroin dealers in the state just got busted here. Spring Lake is a revolving door and is going downhill at a rapid rate."
    1
    Flag
  • Alisha W.
    "My family grew up here and I love the community. I think this is a wonderful neighborhood to start a family and there are great schools nearby."
    1
    Flag
  • Tara D.
    "Everyone is friendly. Most of my neighbors likes dogs she doesn’t have a problem with them. The dog owners clean after there dogs."
    0
    Flag
  • Vkiefert
    "We have a hunted house attraction that is super popular for Halloween . We get a good amount of trick or treaters as well "
    4
    Flag
  • Tracey T.
    "Police station and fire sept near by and mayors office. Close to fort bragg and eateries, 20 mins from Fayetteville and 1hr from Raleigh "
    0
    Flag
  • Luvu21974
    "we have bingo and movie at the parks .great school district wonderful and safe.wonderful restaurant safe for families."
    0
    Flag
  • Matthew M.
    "17 min door to door to work on post. Randolph and Manchester gate pretty close to my home. "
    0
    Flag
  • Gary B.
    "I don't thank NOBODY will not like are neighborhood it's a place where some people speak and others don't and it's okay no harm in it."
    0
    Flag
  • Tiffany B.
    "I live close to a main rd. So there’s a lot of traffic where I live no one will be able to walk their days where I currently reside"
    0
    Flag
  • Lenise.edwards
    "My neighborhood is very car dependent. Rarely ever see a public transit bus. Close to base and shops. "
    0
    Flag
  • Lilwhooday
    "Quiet area not many issues with vehicles. Walmart is in a decent location. There isn’t any other grocery store competition in the area. "
    0
    Flag
  • Stepfon
    "Cost of living is not bad in this area. Compared to Fayetteville you can get a descent sized apartment or home for a little less than in spring lake "
    0
    Flag
  • Tamecahobbs79
    "it's ok, alot of dog owners around here. It seems just fine. no issues with pets in our neighborhood "
    0
    Flag
  • Tatyanawallace5
    "Nice and friendly neighborhood. Awesome place to grow up, with a decent and stable community. I wouldn’t mind raising my kids here."
    0
    Flag
  • Matt K.
    "Nice neighborhood and very peaceful as well. Nice sized yards and close to the school. Blah blah blah"
    1
    Flag
  • C r. t.
    "for being a gated community the neighbors aren't snobs. it feels like a small town to me, but in a good way. "
    0
    Flag
  • Demetris E.
    "People walk and run with their dogs all the time. A lot of dog lovers are present. More that are than aren’t."
    0
    Flag
  • Patriciafuller278
    "its a great place to live and its convenient I really enjoy talking to my peers and having friendly people around my kids love to meet new people and have kids to play with"
    4
    Flag
  • Demetris E.
    "I've lived in this neighborhood for a while. I love how convenient shopping is. Everything is basically walking distance. It is a small old town thats experiencing genocide. It's fairly friendly and close to Fort Bragg."
    1
    Flag
  • Christina H.
    "There are many homes available in this community. Quiet (mostly; except for an occasional party from renters), walking distance from a state park, neighbors tend to help each other in time of need."
    0
    Flag

LGBTQ Local Legal Protections

AMY REYNOLDS, ACE REAL ESTATE
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
127/129 N 1st St, Spring Lake, NC 28390 is a studio multi-family built in 1959. This property is currently available for sale and was listed by LPRMLS on Mar 12, 2024. The MLS # for this home is MLS# 721165.