Southern Pines, NC 28387
Southern Pines, NC 28387
Southern Pines, NC 28387
Southern Pines, NC 28387
Southern Pines, NC 28387
Southern Pines, NC 28387
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$275,000

$295,000

6.8%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

1,840 SqFt


SOLD DATE : 05/16/2023

Key Details

Sold Price $275,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $149

Subdivision Not In Subdivision

MLS Listing ID 100376971

Sold Date 05/16/23

Style Wood Frame

Bedrooms 3

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1950

Annual Tax Amount $1,735

Lot Size 0.790 Acres

Acres 0.79

Lot Dimensions 216.22X231.45X100X200.07

Property Description

Busy corner w/ tremendous traffic count & visibility .79 Acre zoned RM-1, Multi-Fam w/ potential to be Office Service zoning w/ town approval. Current use: Duplex unit w/ outbuilding storage. Unit 1: 1st floor, 840 SF 2BR/1BA w/ laundry & Oak HW floors. Unit 2: 2nd floor 1,000 SF 1BR/1BA w/ laundry, HW floors, vaulted ceilings, rear deck w/ access from rear exterior stairs. 1 power/electric meter & 1 water meter currently. Under duplex is large drive thru garage: 25'x30' w/ storage rm. Additional: detached 27'x22' frame 2 car garage w/ loft. Also large metal building 50'x30' w/ 18 ft eave height, 2 over sized drive thru doors & 30'x16' floored loft storage area w/ stairs. Would make excellent contractors office & storage or convert outbuildings to more multi-family units. RM-1 zoning permits 7 total units on this site. Perhaps covert storage to additional units or just rent the storage areas? OR
Remove some or all buildings, apply for a zoning change. Note: current tenants are long term month to month and rent paid is well below the market, owner currently pays all utilities. Natural gas heat. Interior of duplex to be shown after storage areas are shown and proof of funds or loan pre-approval is obtained.
Apartment 2 can have a wall built to make dining room 2nd bedroom. Central A/C is inoperable as it needs a new coil replaced. Units share 1 thermostat. Staircase from garage to units has been blocked off. Seller reserves the right to leave various personal property-Offer must reflect this.

Location

State NC

County Moore

Community Not In Subdivision

Zoning RM-1

Direction From 15/501 turn onto Murray Hill Road. Follow down- on corner of Richards Street and Murray Hill Road.

Rooms

Basement None

Interior

Interior Features Wash/Dry Connect, Workshop, Master Downstairs, 2nd Kitchen, Vaulted Ceiling(s), Ceiling Fan(s), Eat-in Kitchen

Heating Heat Pump, Forced Air, Natural Gas

Flooring Vinyl, Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Stove/Oven - Gas, Refrigerator

Laundry Hookup - Dryer, Washer Hookup

Exterior

Garage Additional Parking, Asphalt, See Remarks, Circular Driveway, Off Street, On Site, Paved

Garage Spaces 10.0

Utilities Available Water Connected, Sewer Connected

Waterfront No

Roof Type Metal,Shingle,Composition

Porch See Remarks, Deck

Building

Lot Description Corner Lot

Story 2

Foundation Slab

Sewer Municipal Sewer

Water Municipal Water, Well

New Construction No

Others

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition None

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Hive MLS / (NCRMLS)
Listed by Keller Williams Pinehurst
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5960 Fairview Rd Ste. 400, Charlotte, NC, 28210, United States

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