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879 holland Road, Pelham, NC 27311

$200,000

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Sold Price: $200,000
List Price: $245,000
Closing Date: Oct 24, 2025
MLS#: 1193532
Status: CLOSED
Type: Multifamily
Subtype: Quadruplex
Lot Size: 57,063

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Property Description

4 units - EXCELLENT INVESTMENT OPPORTUNITY! Fully & nicely remodeled/updated 1200sf 2/1 unit rented at $950/mo with open floorplan, NEW LVP, NEW kitchen & bath update, laundry room, & all appliances, PLUS additional rented 2/1 SFH at $545/mo (could be $850/mo) PLUS vacant 1200sf 2/1 unit to remodel like it's twin ($950/mo+ value), PLUS 2/1 SFH needs minor repairs ($850/mo value)!! Each unit has elec heat pump & ac est. 10yrs old, big duplex has newer roof 2024! This income-producing property has potential rental value of $3700/mo+. All units also have available private paved parking lot and/or gravel driveways, spacious backyards (sits on 1.31acres), large storage building, duplex has private laundry room in finished unit, SFH's have shared laundry facility in rear with multiple w/d hookups + more storage, PLUS 2 more small storage bldgs! ALSO excellent AirBnb opportunity since only 1.5mi from Danville Caesar's Casino!

336.552.7001

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Additional Information

Acres: 1.31
Appliances: Electric Water Heater
Cooling Type: Central Air
Flooring: Vinyl
Furnished Units: 4
Heating: Heat Pump, Electric
Heating Fuel: Electric
Land Description: Corner Lot, Level
Lot Description: Corner Lot, Level
Lot Dimensions: 1.31
Lot Size: 57,063
Parking: Driveway, Gravel, Paved
Parking Spaces: 20
Sewer: Septic Tank
Show Street Address: Yes
Total Units: 4
Water: Shared Well
Water Heater: Electric
Year Built: 1957