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619 Mckay ST Laurinburg, NC 28352
0.43 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1224764
HOA Y/N No
Year Built 1939
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Quadruplex
Source Triad MLS
Property Description
Prime Investment Opportunity in Laurinburg, NC! Fully occupied quadraplex generating a solid $3,000 monthly gross income. This property features four 2-bedroom, 1-bathroom units, offering consistent cash flow with long-term, reliable tenants. Recent capital improvements - a new roof installed in 12/2025 & the addition of high-efficiency mini-split HVAC systems & new water heaters in 2021. One unit boasts updated flooring. The property is currently performing well, it offers an excellent opportunity for a value-add investor to perform light cosmetic interior maintenance to further increase equity. Low annual property taxes of only $971. Don't miss this turnkey income-producing asset! This property is a fantastic "set it and forget it" investment with established, long-term tenants. The major capital expenditures (Roof, HVAC, Water Heaters) have already been addressed, allowing the new owner to focus on light interior maintenance to optimize value and maximize long-term returns.
Location
State NC
County Scotland
Interior
Heating Forced Air, Electric
Cooling Wall Unit(s)
Flooring Carpet
Appliance Electric Water Heater
Exterior
Exterior Feature Balcony
Pool None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Christelle Jeaara • Elevation Realty