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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
6 Bed
4 Bath
3100 Sqft
Status: active | Days on site: 68
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Terri Bias
Operator/Brokerage Owner
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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. Significant recent capital improvements include a new roof installed in December 2025 and the addition of high-efficiency mini-split HVAC systems and new water heaters in 2021. One unit boasts updated flooring. While 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.
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Highlights

Listed by Christelle Jeaara , 336-639-1000 Elevation Realty, LLC , 336-212-1054. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family
Lot/Acreage
0.43

Year Built

1939

County

Scotland

 Neighborhood

Waverly

Listing ID

10174540

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Ceiling Fan(s),Wall Unit(s)
Fireplaces:
Floor:Carpet
Above Ground Sq Ft:3100
Below Ground Sq Ft:0
Water:Public

Exterior Features

Zoning:R6
Roof:Shingle
Sewer:Public Sewer
Parking Features:No Garage
Principal Interest
$1,281
Taxes
$81

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 $80.92 $0.00 $1,361.54
Yearly $15,367.46 $971.00 $0.00 $16,338.46
Total $461,023.89 $29,130.00 $0.00 $490,153.89

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.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T13:40:36.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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