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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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22 Carriage Cir , Louisburg, NC 27549
$438,000
Est. Payment: $2,461.57/mo
8 Bed
8 Bath
4762 Sqft
1.05 Acres
Status: active | Days on site: 390
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T1045 - 83140,80070
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

Back on the market and offering another opportunity to make this unique Lake Royale investment yours. Discover a rare investment opportunity in Lake Royale, a desirable gated community known for its natural beauty and resort-style amenities. This four-unit building offers spacious layouts, with each unit featuring two bedrooms and two bathrooms across approximately 1,200 square feet. Several units are ready for improvements, creating an excellent opportunity to add additional value. Beyond the property itself, residents enjoy access to all that Lake Royale has to offer, including sandy beaches, boat ramps, docks, a clubhouse, pool, fitness center, tennis and basketball courts, miniature golf, parks, and walking trails. The community offers year-round activities and a welcoming atmosphere with a strong sense of connection among neighbors. With its blend of recreation, convenience, and security, Lake Royale continues to be one of the area's most sought-after destinations, making this property an excellent choice for investors seeking long-term appeal.
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Highlights

Listed by Koren Bowman , and Marcus Bowman , Keller Williams Premier , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family
Lot/Acreage
1.05

HOA Fee

366 Annually

Year Built

1986

County

Franklin

 Neighborhood

Lake Royale

Listing ID

10123061

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:8
Appliances:Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:Family Room
Floor:Carpet,Linoleum,Tile
Above Ground Sq Ft:2381
Below Ground Sq Ft:2381
Other:
  • ▪ Additional:Cathedral Ceiling(s), Ceiling Fan(s), Kitchen Island, Laminate Counters, Shower Only, Walk-In Shower
Water:Community Water

Exterior Features

Roof:Shingle
Others:
  • ▪ Additional:Balcony, Rain Gutters, Covered, Deck, Patio
Sewer:Septic Tank
Parking Features:Parking Lot,Paved
Principal Interest
$2,462
Taxes
$279
HOA
$366

Home Price

$438,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$87,600
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:
$2,461.57

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,461.57 $279.23 $366.00 $3,106.80
Yearly $29,538.90 $3,350.70 $4,392.00 $37,281.60
Total $886,166.97 $100,521.00 $131,760.00 $1,118,447.97

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 (Louisburg, 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: 2026-10-14T15:51:28.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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