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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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607 E Butler Ave , Liberty, NC 27298
$279,000
Est. Payment: $1,567.99/mo
3 Bed
2 Bath
1288 Sqft
0.42 Acres
Status: active | Days on site: 134
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1615 - 79809,C75122
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Terri Bias
Operator/Brokerage Owner

House Description

Investment Opportunity with Detached Garage Apartment & Multiple Income Possibilities This well-maintained 3-bedroom, 2-bath property offers investors an excellent opportunity to acquire a home with substantial updates and a valuable detached garage with a finished apartment. The combination of a primary residence and separate living quarters creates multiple possibilities for rental income, multi-generational living, or an owner-occupied investment strategy. The main home features fresh interior paint and beautiful hardwood floors throughout the living room, hallway, and all three bedrooms. The kitchen, dining area, and bathrooms have durable laminate flooring. Both bathrooms have been updated with new flooring, fixtures and upgraded PEX plumbing. Recent improvements include a serviced HVAC system and a new water heater, helping reduce near-term maintenance concerns for a new owner. A new 10' x 16' deck provides additional usable space and enhances the property's appeal to potential tenants or occupants. The standout feature for investors is the detached garage with a complete apartment above, including a full bathroom and kitchen. This separate space offers potential for additional rental income, an in-law or guest suite, home office, or other income-producing uses, subject to applicable zoning and local regulations. With recent improvements already completed, multiple potential uses, and separate additional living space, this property provides investors with the opportunity to add value while potentially generating income from more than one living area. INVESTORS: Don't overlook the income potential and flexibility this property offers. Bring your investment strategy, run the numbers, and schedule your showing today to see firsthand how the separate apartment and recent improvements could fit into your portfolio. Opportunities with this combination of features don't come along every day—take a closer look before it's gone.

Highlights

Listed by Billy F Williams , and Scott Harris , Harris Realty & Auction , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.42

Year Built

1966

County

Randolph

Neighborhood

Not in a Subdivision

Listing ID

10171256

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Oven, Electric Water Heater, Refrigerator
Air Cond:Ceiling Fan(s),Central Air,Electric,Gas,Heat Pump
Fireplaces:
Floor:Laminate,Wood
Above Ground Sq Ft:1288
Water:Public

Exterior Features

Zoning:R-12
Roof:Shingle
Others:
  • ▪ Additional:Deck, Front Porch
Sewer:Community Sewer
Parking Features:Attached Carport,Garage,Detached Garage
Principal Interest
$1,568
Taxes
$178

Home Price

$279,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$55,800
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:
$1,567.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,567.99 $177.86 $0.00 $1,745.85
Yearly $18,815.87 $2,134.35 $0.00 $20,950.22
Total $564,476.22 $64,030.50 $0.00 $628,506.72

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Liberty, 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: 2026-10-14T07:24:47.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina