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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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619 McKay St , Laurinburg, NC 28352
$250,000
Est. Payment: $1,280.62/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 40
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House 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.

Highlights

Listed by Christelle Jeaara , 336-515-6363 Elevation Realty , 336-212-1054. Triad MLS, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.43

Year Built

1939

County

Scotland

Listing ID

1224764

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Electric Water Heater
Air Cond:Wall Unit(s)
Fireplaces:
Floor:Carpet
Water:Public

Exterior Features

Others:
  • Additional:Balcony
Sewer:Public Sewer
Principal Interest
$1,281
Taxes
$159

Home Price

$250,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$50,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,280.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,280.62 $159.38 $0.00 $1,440.00
Yearly $15,367.46 $1,912.50 $0.00 $17,279.96
Total $461,023.89 $57,375.00 $0.00 $518,398.89

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Laurinburg, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Copyright 2024 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

Data last updated: 2026-08-24T14:22:49.000Z

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