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512 W 2nd ST Cherryville, NC 28021
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Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,854 sqft
Price per Sqft $67
MLS Listing ID 4370476
Sold Date 05/19/26
Bedrooms 3
Full Baths 2
Abv Grd Liv Area 1,854
Year Built 1947
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Duplex
Property Description
Duplex offering a solid opportunity for investors seeking rental income with value-add potential. Each unit features a 2 bedroom, 1 bathroom layout with separate living spaces.
One unit has been updated with two new mini-split HVAC systems, providing efficient heating and cooling. The second unit currently does not have heating and air, offering an opportunity for improvements and increased rental income.
Property includes a metal roof installed within the last few years, contributing to lower long-term maintenance.
Located in an established area of Cherryville with consistent rental demand. Comparable 2-bedroom units in the market typically lease in the $1,000/month range depending on condition and upgrades.
Ideal for investors looking to renovate, stabilize, and maximize cash flow.
Location
State NC
County Gaston
Zoning R1
Interior
Heating Ductless, Other - See Remarks, None
Cooling Ductless, Other - See Remarks, None
Appliance None
Laundry In Kitchen, In Unit, Utility Room
Exterior
Street Surface Gravel,Paved
Garage false
Building
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Wood
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Yes
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Lynne Henson • Rockin Realty Inc
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