Description
Highly motivated seller! Priced at just $195,000, this fully renovated duplex offers $1,900 per month in rental income with year-long leases in place starting 7/1/26, producing an estimated cap rate of over 9%. This turnkey investment property features brand new HVAC heat pump systems, updated electrical with separate meters, new appliances including dishwashers, electric ranges, over-the-range microwaves, washers, and dryers, plus new cabinetry paired with butcher block countertops. The building also boasts a brand new 60 mil TPO roof backed by a 30-year warranty, providing added peace of mind for years to come. Conveniently located on The Boulevard, one of Eden’s rapidly growing and revitalized districts, this is an outstanding opportunity for investors seeking strong cash flow and long-term value.
Details
| MLS # | 1222296 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 91 |
| Listing Provided By | All About You Realty Team | Laney Jones |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,365 |
| Story(s) | 1 |
| Zoning | R12ED |
| Acreage | 0.20 |
Interior
| Rooms Total | 1 |
|---|---|
| Cooling | Central Air |
| Heating | Heat Pump, Electric |
| Appliances | Microwave, Dishwasher, Free-Standing Range, Cooktop, Electric Water Heater |
| Fireplaces Total | 0 |
| Flooring | Vinyl |
Exterior
| Construction Materials | Brick, Wood Siding |
|---|---|
| Foundation Details | Slab |
| Lot Features | City Lot, Level |
| Fencing | Fenced |
Parking
| Parking Features | Driveway, On Street |
|---|---|
| Garage Spaces | 0 |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 132.9 |
|---|
Area Information
| State | NC |
|---|---|
| County | Rockingham |
| City | Eden |
| Zip Code | 27288 |
| Area | Rockingham |
| Listing VS Median (in 27288) | |
Price: $195,000 low | high Med: $219,990 sqft: 1,365 low | high Med: 1,401 $ / sqft: $143 low | high Med: $157 On site: 91 low | high Med: 33 | |
Market Activity 27288
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Learn More About This Property
| State | NC |
|---|---|
| County | Rockingham |
| City | Eden |
| Zip Code | 27288 |
| Area | Rockingham |
| Listing VS Median (in 27288) | |
Price: $195,000 low | high Med: $219,990 sqft: 1,365 low | high Med: 1,401 $ / sqft: $143 low | high Med: $157 On site: 91 low | high Med: 33 | |
 | $205,000125 The BoulevardEden, NC 27288 |
 | $195,000125 The BoulevardEden, NC 27288 |