$885,000
1316 Yadkin St, Statesville, NC 28677
9 bed · 0 bath · 4,698 sq ft
9
bedrooms
N/A
baths
4,698
sq.ft.
$188
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
INVESTOR ALERT! THREE-HOME INCOME-PRODUCING PORTFOLIO IN STATESVILLE, NC! Incredible investment opportunity for both new and seasoned investors! This turnkey portfolio features three income-producing rental homes located at 1316, 1320, and 1324 Yadkin Street in Statesville, NC. All three properties are currently tenant-occupied, offering immediate rental income and an established tenant base. Each home generates $1,800 per month in rental income, providing a combined gross monthly income of $5,400 and an impressive $64,800 in annual gross rental income! The seller prefers to sell all three properties together, creating an excellent opportunity to acquire an established rental portfolio in one transaction. LOCATION, LOCATION, LOCATION! Conveniently situated near major highways, historic Downtown Statesville, shopping, schools, dining, hospitals, and everyday amenities, these properties offer accessibility and convenience for tenants. Whether you're looking to expand your existing real estate portfolio, establish a passive income stream, or build long-term wealth through real estate, this three-home package offers an outstanding opportunity with immediate cash flow potential. Three homes. Three income streams. One incredible investment opportunity! Don't miss your chance to add this income-producing portfolio to your investment strategy!
LISTING COURTESY OF: HIS WAY REALTY LLC
ksumner@Hiswayrealty.com
About the Neighborhood
Homes for sale in 28677 offer buyers a compelling combination of historic small-city character and Lake Norman-adjacent lifestyle in Statesville, the Iredell County seat approximately 40 miles north of Charlotte via I-77. The residential landscape blends beautifully preserved Victorian, Colonial Revival, and Craftsman homes in the Fort Dobbs and Statesville Historic Districts with mid-century brick ranches in established neighborhoods and newer construction executive communities on the city's expanding corridors. The revitalizing Downtown Statesville corridor along Centre Street and Broad Street delivers independent restaurants, breweries, and boutique retailers reflecting genuine urban reinvestment, while the South Iredell sports and recreation corridor and Fort Dobbs State Historic Site provide distinctive outdoor and cultural anchors. Major employers including Lowes Foods headquarters, a robust I-77 logistics and advanced manufacturing corridor, and the Lake Norman Corporate Park anchor strong and diverse local employment. The 28677 real estate market delivers historic architectural character and newer construction value at price points well below comparable Lake Norman communities, with I-77 providing direct Charlotte connectivity in approximately 40–45 minutes.
Property Features
Property Description
- Beds Total: 9
- Stories: 2
- Year Built: 2023
- Living Area: 4,698 sqft
- New Construction: No
- MLS #: 4436174
Additional Home Features
- Subdivision: Meadow Brook
- Neighborhood: Meadow Brook
Association
- HOA Required: No
Interior Features
- Heating: Forced Air
- Cooling: Central Air
- Electric Dryer Hookup
- Washer Hookup
Appliances
- Dishwasher
- Electric Range
- Microwave
- Refrigerator
- Washer/Dryer
Construction Materials
- Aluminum
- Foundation: Slab
- Roof: Composition
Cooling
- Central Air
Foundation Details
- Slab
Heating
- Forced Air
Laundry Features
- Electric Dryer Hookup
- Washer Hookup
Parking Features
- Attached Garage
- Garage Spaces: 1
Exterior Features
- Lawn Maintenance
Pets Allowed
- Yes
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Concrete
Sewer
- Public Sewer
WaterSource
- City
Fireplace
- Fireplace: No
Location
Similar homes nearby
$885,000
Est. Payment: $4,549/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Statesville, NC 28677
9
bedrooms
N/A
baths
4,698
sq.ft.
$188
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of His Way Realty LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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