297-318 Rustic Road, Mooresville, NC
$ 1,875,000
Property Attributes
  • ID#3934508
  • TypeMulti-Family
  • CountyIREDELL
  • CityMooresville
  • AreaIredell County
  • Zip28115
  • Style
  • Price$ 1,875,000
  • Bedrooms30
  • Full Bathrooms20
  • Half Bathrooms0
  • Sqr Footage10400
  • Lot Size4.26 Acres
Data Source:
Canopy MLS
Property Description

5 identical duplexes (10 units) in the highly desirable Mooresville market! Each unit is 3 bedrooms and 2 full baths. Fantastic location down serene country road only minutes from downtown Mooresville! All units are currently occupied. Large laundry rooms in each unit. Utilities are paid by the tenants. Well water! Huge backyards! Brand NEW roofs on all units! Over $9k in gross monthly rents with room for increase! This investment property will not last long so act fast!

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
1/13/2023 Listed $1,875,000

General Features

Additional Parcels Description 4684-25-2889, 4684-26-3265, 4684-26-5020, 4684-26-4125
Appliances Cable Prewire, Electric Range
Car Hoasubjectto None
City Mooresville
Construction Materials Vinyl Siding
Construction Type Site Built
County Iredell
Elementary School Unspecified
HLA Area 10400
Heating Central, Heat Pump, Heat Pump
High School Unspecified
Middle/Junior High School Unspecified
New Construction No
Pets Allowed No
Property SubType Multi-Family
Property Type Residential Income
Rent Includes Exterior Maintenance, Water
Sewer Septic Installed
Street Name Rustic
Structure Type Duplex
Subdivision Name None
Tax Assessed Value 759710
Tenant Pays Cable TV, Electricity, Garbage Pick-up
Total Units 10
Year Built 1994
Zoning Description RA

Interior Features

Fireplace Y/N No
Flooring Carpet, Vinyl
Full Baths 20
Laundry Features Main Level
Street Suffix Road
Total Bedrooms 30
Water Heater Electric

Exterior Features

Living Area 10400
Standard Status Active
Building Area Total 10400
Foundation Details Slab
Lot Size Area 4.26
Lot Size Units Acres
Main Level Garage YN No
Parking Features Driveway
Porch Deck
Road Responsibility Public Maintained Road
Water Source Well


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 28115

AVG $1.88M
AVG 31
Year Built
AVG 1994

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