230 park Lane
230 park Lane
Newton, NC 28658
$559,900
- Bedrooms: 8
- Bathrooms:
- Lot Size: 0.37 Acres
Description
Quadplex Opportunity in Newton, NC – Fully Rented! Fantastic investment opportunity with this well-maintained quadplex in Newton, NC. Each unit offers 2 bedrooms and 1.5 bathrooms, providing an ideal layout for tenants. Several units feature new flooring, and some have been recently painted, giving parts of the property a fresh, updated feel. The building features a durable brick exterior on the lower level and low-maintenance vinyl siding on the upper level. All four units are currently rented at $1,000 per month each, with strong rental history and professional management already in place through Must Have Real Estate. Additional highlights include: • Ample parking for tenants • Great location convenient to local amenities • Solid construction with upside potential • Opportunity to raise rents for increased cash flow Whether you’re a seasoned investor or just starting your portfolio, this fully occupied quadplex offers immediate income with room for future growth.
Property Summary
| Property Type: | Residential Income | Property Subtype : | Fourplex |
| Year Built : | 1973 | Construction Type : | Site Built |
| Lot Size : | 0.37 Acres | Living Area : | 2,145 sqft |
Appliances
- Dishwasher
- Oven
- Refrigerator
More Information
- Construction : Brick Partial, Vinyl
- Parking : Parking Space(s)
- Heating : Heat Pump
- Cooling : Heat Pump
- Water Source : City
- Road : Publicly Maintained Road
Based on information submitted to the MLS GRID as of 05-31-2025 01:00:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.